The promoter of the flopped Adidja “Vybz Kartel” Palmer concert says he is now fearful for his life. After borrowing money from ‘investors’, he may be unable to pay them back in the wake of the flopped concert where Kartel got US$950,000 of his 1.35 million fee and failed to attend the concert because of an alleged breach by the promoters.

Odane Anderson, who runs Jacho Entertainment, said he was now in trouble because he had to borrow money to fund the concert and is now finding difficulty in paying it back.

“Kartel said the fans get robbed, his supporters get robbed. I get robbed too because right now my life is in danger because of borrowing investors’ money; (I) cannot pay it back. The shareholders have to get paid. Other service suppliers have to get paid. So, my next step is to try to find common grounds to work it out,” Anderson told the Guardian newspaper.

Sources close to the situation said that Jacho struggled to finance Kartel’s fee for the Trinidad show.

“He booked the show right after Kartel got out and it’s ten months later and he still didn’t pay the full fee, so he has breached numerous deadlines and breached the contract, it is ironclad. The promoter cannot get back the money,” the source said.

Police on Tuesday said it was looking into the financial dealings of Jacho Entertainment, after it was revealed an initial US$950,000 was paid to Kartel to headline last Saturday’s One Caribbean Music Festival. 

Palmer was contracted for a total of US $1.35 million to perform at the concert, which also featured other foreign acts including Malie Donn, Rvssian, Sizzla Kalonji, Chronic Law and Moliy. 

However, after Kartel, Malie Donn, Rvssian, Sizzla and Moliy pulled out of the concert citing contractual issues, Chronic Law was the only foreign act who performed.