Gospel music label EeZee Conceptz has responded to allegations made against its CEO, Ezekiel Onyedikachukwu, popularly known as EeZee Tee, in connection with an alleged $345,000 fraud involving gospel artiste Mercy Chinwo.
The label firmly denies these claims and has clarified its position regarding the ongoing contractual dispute with the artist.
In a statement published on Tribune Online, EeZee Conceptz addressed the allegations made by Mercy Chinwo, which include claims of fraudulent diversion of funds and failure to disclose earnings. Chinwo accused his former record label boss of diverting $345,000 in royalties generated from digital platforms and events without sharing his share, in addition to allegations of breach of trust and evading arrest.
In response, EeZee Conceptz stated that Mercy Chinwo has received over $625,000 in profits since signing a 50/50 gross revenue sharing agreement, which the label claims has been transparently fulfilled.
The label further alleged that the current dispute arises from breaches of contract by Chinwo, including his failure to deliver a third studio album as required by his agreement and his withholding of event funds, royalties and digital content that were due to the seal.
Despite these violations, EeZee Conceptz claimed to have made repeated attempts to resolve the matter amicably, including proposing reconciliation meetings, all of which they allege were ignored by the artist.
The label emphasized its financial investment in the production, promotion and distribution of Mercy Chinwo's music catalogue, noting that she did not contribute financially to the work. They reaffirmed that all funds, assets and intellectual property associated with the catalog remain the property of EeZee Conceptz under the terms of the contract.
In response to public claims made by Chinwo, the label urged her to demonstrate transparency by publicly sharing her bank statements and music production records before and during her time with EeZee Conceptz, which would shed light on the significant financial investment made by the label in her career. . .
EeZee Conceptz expressed concern over what they described as a misuse of institutional processes to escalate the dispute. They highlighted an earlier incident where their CEO was allegedly illegally detained by the EFCC for nine days, during which they coercively extorted $274,000 from him. However, the label stated that it has continued to operate within the limits of the law.
“We remain committed to the rule of law and trust that the legal system will ensure a fair resolution of this matter. “The allegations of fraud are not only unfounded, but also an attempt to undermine the years of investment, mentorship and support provided to Mercy Chinwo through EeZee Conceptz,” the statement read.
The label called on industry stakeholders, fans and media to address the matter with professionalism and objectivity. They urged caution when addressing one-sided narratives and encouraged adherence to verifiable facts and legal processes to avoid undue damage to the reputations of all parties involved.
In conclusion, EeZee Conceptz reaffirmed its commitment to transparency, professionalism and the continued promotion of gospel music in Nigeria and beyond.
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