Hip Hop mogul Dame Dash claims director Lee Daniels is refusing to pay back the $2 million he borrowed from him.
In an Instagram post shared on Tuesday (June 26), the Roc-A-Fella founder posted a clip that shows the two arguing during a Diana Ross show at the Hollywood Bowl last week.
According to the subtitles, Dame says, “As a black man, I gave you money that you needed, so how you not gonna give me my money?” Daniels replies repeatedly, “I will call you.”
Dame claims he gave Daniels a $2 million line of credit to build his career as a film director, with an agreement to receive executive producer credits and dividends of Daniels’ work. Daniels went on to successfully direct films such as Precious and is currently working on the FOX shows Star and Empire.
“I straight up loaned this dude Lee Daniels @theoriginalbigdaddy 2 million to pay for his dream of being a director,” he wrote in the caption. “it was the money I was using to fund my movies and stay Indy…he promised I get my money back in months.
“then he makes precious and goes missing so he doesn’t have to pay me…then then Butler…empire…same shit Why does this dude feel like he doesn’t have to pay me?…why do I have to look crazy to get my money back…or go to court.”
Dame alleges he hasn’t seen any of his money or executive producer credits.
Dame previously sued Daniels for $25 million in 2014 over ownership rights to Daniels’ work on Precious, The Butler and Empire. They settled in 2015.
According to TMZ, he’s now suing Daniels for $5 million.
Source: Hip Hop DX