The Port Elizabeth side confirmed Dauda's departure to Goal earlier this week, although CEO Peter Koutrolis never wanted to be drawn into revealing further information.
"I signed for Chippa because I learnt a lot about the team, but all I heard and learnt were pure lies," Dauda told Football411.com.
"The CEO (Koutrolis) promised me a lot of things, including my signing-on fees and a fat monthly salary, but I realised that specific amount had not been credited to my account as early as last month.
"I found this insulting and unhealthy. I approached him (Koutrolis) and he said I should wait for a while and they will sort the issues for me. He broke his trust just when I got to know that they have failed to pay the signing-on fees and the monthly salary."
"I cannot work and not be paid what I am due. I gave my all when I was training with the team. It is sad when presidents take players for granted because this is the main reason I terminated my contract with Chippa United," he added.
The 29-year-old goalkeeper has hinted that he may return to his old club Ashanti Gold, as they are willing to take him back after a year away from the club.
"The good news for me now is that the Ghanaian (transfer) window has not closed and they are yet to start their league.
"I will return this week to see if I will get a new club. I have spoken to my former club Ashanti Gold and they are willing to work with me again," he concluded.