The board of the Copyright Society of Nigeria (COSON) has dismissed as false the notice of an Annual General Meeting of the association scheduled for May 10, 2018. The board urged its members to ignore the notice as it is “false, misleading and of no consequence”.
In a statement released by the board of the association, it classified the notice of the meeting invalid as the meeting was scheduled by an illegal board spearheaded by a General Manager who is under suspension.
“We would like to formally notify members of Copyright Society of Nigeria (COSON) and the general public that the notice of an Annual General Meeting purportedly scheduled for May 10, 2018 is false, misleading and of no consequence.
“COSON members and the general public are hereby advised to ignore the notice as the society’s AGM cannot be called by a sacked chairman, an illegal board of handpicked “directors” and executed by a General Manager who is under indefinite suspension,” the statement read in part.
The society’s board alleged the directive from the Nigerian Copyright Commission was flouted in a bid to make Chief Tony Okoroji avoid probe by a full forensic audits of account of the society during Okoroji’s tenure as chairman.
“As directed by the regulator, Nigerian Copyright Commission in its February 19, 2018 letter addressed to management, a secretary should be appointed to prepare for the AGM within a 60-day period. This and other directives have been flouted in a desperate bid to perpetuate the illegality of Chief Tony Okoroji’s purported reinstatement and to avoid due diligence probe by way of a full forensic audit of accounts of COSON during Okoroji’s tenure as chairman. Okoroji does not have legal authority to call a COSON AGM.
“On the concerns of members of Copyright Society of Nigeria (COSON) over what appears to be reckless spending of the society’s funds on self-serving legal war, media and PR campaigns, we would like to formerly state that Chief Tony Okoroji, members of his illegal board of handpicked cronies (particularly those that may have been onboarded as signatories), bankers and any one who may have aided and abetted the illegal spending of COSON funds for purposes outside royalty payments, direct operational cost and staff salaries/allowances will be held accountable for their actions.”
The board further urged members of the society to be rest assured, promising the perpetrators of the financial mismanagements will be brought to book.
“Members should be rest assured that the perpetrators of this illegality will be prosecuted and compelled to make full refund all monies squandered in a desperate bid to perpetuate the illegality.
“Licensing fees are collected on behalf of COSON members primarily for royalty distribution to right owners and we are resolute in our commitment to protecting your money,” the statement concluded.