Nigeria, Jan. 21 -- Legendary Juju musician, Sir Shina Peters, has described statements made by clergyman, Matthew Ashimolowo, as false and derogatory.

In a recent sermon, Ashimolowo, the senior pastor of Kingsway International Christian Centre (KICC), drew comparisons between a financial decision made by the musician and the Chairman of Zenith Bank, Jim Ovia, in 1990.

"Shina Peters, N20 million, built a house. Jim Ovia, N20 million, started a bank (sic). One man is now fixing a leaky roof, broken toilets and doors that don't shut anymore. And the other one, every country I go to in Africa, I see a branch.

"I was in Rwanda, Zenith everywhere. I was in Ghana, Zenith everywhere. I was in 10 African countries, Zenith everywhere. So I am s...