Nigerian Afro-pop Ace, Innocent Idibia, popularly known as 2face has taken to his social media handle to slam the activities of the Copyrights Society of Nigeria (COSON).
The multi award-winning artist lamented that since the former head of the organization, Chief Tony Okoroji was sacked in 2017 over corruption allegations, there has been continuous reckless spending of funds, all in the name of conducting forensic audits.
According to 2face, COSON has spent over N200 million on lawsuits and security bills in the past year when it could have saved all by just complying to NCC’s directive.
The singer also indirectly pointed to the fact that all the activities were fishy and fraudulent in nature.
See his lengthy post below.
From the figures share recently, COSON has lost about N250m to the crisis that erupted with the December 7, 2017 sacking of Chief Tony Okoroji as ‘chairman’.
The society collected N200m less than the sum of the previous year and spent over N50m on lawsuits and office security within the year. Simple compliance with the NCC’s directives or submission to the wide call for independent audit to prove the innocence of the directors against allegations of financial misconduct may have saved COSON at least, N230m, that’s assuming the audit cost N20m.
To worsen issues, the license don kuku expire sef making it criminal for COSON to demand and collect royalties on behalf of members.
Then today we see this: “With respect to the COSON mandate to carry on its operations … COSON has been assured by its team of lawyers that with the various issues still awaiting determination at various courts and with the recent decisions of the Supreme Court of Nigeria, no one has the power to unilaterally stop the operations of COSON.” “Lawyers”, “various issues”, “various courts”…because of simple forensic audit?
Musician work, lawyer and police chop everything finish. My people, no be one chance we don enter so o? If you ask me, na who I go ask?