Mercy Chinwo former label EeZee Conceptz has issued an official response to Apostle Anselm Madubuko’s press assertion, rejecting claims of monetary impropriety and non-cooperation throughout mediation efforts in its ongoing dispute with former artist Mercy Chinwo. The label has strongly reaffirmed its transparency, contractual compliance, and rightful possession of the music catalogue created throughout Mercy Chinwo’s time with the label.
In its response, EeZee Conceptz highlighted key inaccuracies in Apostle Madubuko’s account of occasions, asserting that the mediation course of has been hindered by bias and misrepresentation of details.
In keeping with EeZee Conceptz, whereas the Apostle’s press assertion makes an attempt to border the dispute as a monetary concern, the true rivalry has all the time been the possession of grasp rights.
“On the mediation conferences, the artists demanded the switch of grasp rights to them, regardless of the clear phrases of their contracts, which state that the music catalogue is owned by the label in perpetuity. These calls for are usually not solely legally unfounded but additionally go in opposition to the ideas of equity and respect for agreements,” the label acknowledged.
The label emphasised that the artists are entitled solely to royalties from {the catalogue}, which have been transparently accounted for.
“No funds have been diverted by EeZee Conceptz. This complete marketing campaign in opposition to the EeZee Tee is an orchestrated try to forcefully declare possession of the music catalogue we totally funded and produced. This can be a clear violation of the contract phrases that each events agreed to,” the assertion added.
EeZee Conceptz additionally addressed allegations by Apostle Madubuko that it didn’t cooperate with the audit course of. In keeping with the label, it submitted its monetary data to Judikay’s private auditors to begin the method however confronted roadblocks when Apostle Madubuko stopped responding to follow-up makes an attempt to schedule conferences for appointing mutually trusted auditors.
“Opposite to the Apostle’s claims, I personally referred to as him a number of occasions, despatched messages, and even visited his home twice in an effort to reschedule the assembly for appointing new auditors. He assured me he would revert, however thus far, I’ve acquired no response,” mentioned EeZee Tee, CEO of EeZee Conceptz.
The label additional revealed that it endured undue hardship through the dispute, together with the nine-day detention of its CEO in Ilorin, throughout which all private and company accounts have been frozen. Nonetheless, after intensive investigations into its books, no proof of monetary misconduct was discovered.
“Regardless of the ordeal I confronted, together with shedding entry to my household and enterprise operations throughout my detention, our data have been completely investigated, and no wrongdoing was found. This can be a testomony to the transparency and integrity with which EeZee Conceptz operates,” the EeZee Tee acknowledged.
EeZee Conceptz expressed disappointment in what it described as Apostle Madubuko’s biased dealing with of the mediation course of.
“When males of God are entrusted with resolving conflicts, they have to method the matter with equity, impartiality, and a dedication to fact. Sadly, Apostle Madubuko has allowed bias to cloud his function, making false claims and failing to deal with breaches on the a part of the artist,” the label mentioned.
The label cited examples from the primary mediation assembly, the place it raised problems with one of many artists boycotting scheduled occasions and diverting funds to private accounts in breach of her contract. In keeping with EeZee Conceptz, the Apostle failed to deal with these breaches, additional questioning the neutrality of the method.
Regardless of the continuing challenges, EeZee Conceptz reiterated its dedication to equity, integrity, and adherence to contractual agreements.
“All through our historical past, EeZee Conceptz has supplied periodic monetary stories to all our abilities, making certain full transparency. We stay steadfast in our dedication to uphold justice, defend the integrity of our contracts, and defend the investments we’ve made to help gospel creatives. We belief that the reality will finally prevail,” the label concluded.
The dispute between EeZee Conceptz and Mercy Chinwo has gained important public consideration, centered round claims of unpaid royalties, fund diversion, and disagreements over the possession of grasp rights.
In a press assertion dated January 18, 2025, Apostle Anselm Madubuko detailed his involvement as a mediator, accusing EeZee Conceptz of varied wrongs. The label, nonetheless, has denied these allegations, sustaining that the true concern lies in makes an attempt to unlawfully declare possession of its music catalogue.
The label additionally revealed that its CEO, EeZee Tee, was detained for 9 days through the dispute, throughout which its accounts have been completely investigated, and no wrongdoing was found.
The dispute has seen a number of failed mediation makes an attempt, together with a number of classes the place the main focus shifted to the demand for grasp rights. EeZee Conceptz has maintained that it owns {the catalogue} in perpetuity and is simply obligated to pay royalties to the artist below the phrases of their settlement.
