London, Sep 15: Singer Elton John is taking legal action against a banker who failed to honour a 650,000-pound bid made at a charity auction.
‘Elton is not personally hounding the man and demanding the cash back but he is fully supportive of the legal proceedings to benefit the charity. The lot was a one-off opportunity to make his charity an astonishing amount of money” dailystar.co.uk quoted a source as saying.
‘Organisers had actually secured another bid of 650,000 pounds which, of course, they would have been delighted with” the source added.
At Elton’s annual White Tie and Tiara Ball last year, Spencer Lodge won the chance to spend a day with Elton. But the banker has reportedly failed to honour a contract he signed pledging the money to the Elton John Aids Foundation.