Pretty Okafor & Tony Okoroji. |
The
Performing Musician Employers Association of Nigeria (PMAN) will like to inform
all its members, and all musical content owners in Nigeria, that in furtherance
to the suspension of COSON’s operating license by the Nigeria Copyright
Commission (NCC), all COSON bank accounts have now been frozen.
Working
with key corporate members like Premier Music Publishing Company Limited and
Ivory Music Limited, we have secured a court order to freeze the accounts in a
bid to stop the illegal and unsupervised spending of monies belonging to rights
owners by Chief Tony Okoroji and his illegally constituted board.
This
move has become necessary in consideration of the fact that Chief Okoroji has
vehemently refused comply with the directives of the industry regulator, NCC
and also accede to the demand for full forensic audit of the account and
operations of COSON under operations of COSON under his tenure. He has
continued to spend the organisation's funds without prerequisite oversight
thereby hurting the earnings due to the right owners.
Furthermore,
all owners of musical content in Nigeria are advised to disregard any
information being propagated by Chief Tony Okoroji and his cronies on social
media that he enjoys the support of the right owners. Virtually all relevant
stakeholders in the music industry including top artistes, publishers and
record labels with active music catalogs are aligned in support of the NCC's
suspension of COSON’s operating license and with PMAN, Premier Music and Ivory
Music in the freezing all its bank accounts.
The
PMAN President, Pretty Okafor who is also a COSON member appeals to all
musicians to stay calm and be reassured that the Union is doing all it can to
end the current fracas in the collective management space. The PMAN President
emphasized that the only way to guarantee effective copyright administration
practice in Nigeria is putting in place proper operational, policy and
legislative structures to ensure accountability and sustainable growth.
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