Nigerian music legend 2Baba has called out the Copyright Society of Nigeria (COSON) over alleged fraud.
2Baba shared a photo on Instagram with the following words written on it: “COSON office security spending: 2017 – 1m; 2018 – 31m. How e take happen?”
Captioning the photo, 2Baba wrote:
From the figures shared 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.
Omawumi also reposted 2Baba’s comments and wrote: “I was sent an annual report and I noticed that some of the figures are ridiculous! What is going on?