Chairman of the Copyright Society of Nigeria (COSON), Tony Okoroji can now heave a sigh of relief after the Federal High Court Lagos ordered the re-opening of all bank accounts of the collecting society.
The order was issued by Justice Mohammed Hassan who said all bank accounts of COSON at United Bank for Africa (UBA), Diamond Bank PLC and First Bank of Nigeria, frozen as a result of an interim order issued by him on November 30, 2018, be re-opened.
A suit with No. FHC/L/CS/1819/2018 brought by Premier Music Publishing Ltd, Pretty Okafor and one other was also struck out by the judge who said the court lacked the jurisdiction to hear the suit as there was a subsisting order of the Federal High Court over the matter.
The Plaintiffs were represented in the case by Dr. Adewale Olawoyin SAN.
The judgment was witnessed by several members of the COSON Board as well as the COSON General Counsel.
Reacting to the court decision COSON Chairman, Chief Tony Okoroji who was in court when Justice Hassan read his detailed ruling said that he was happy with the judge’s understanding of the issues.
He said that he was touched by the calmness with which the members of COSON had endured the trauma they had been forced to go through and said that every step would be taken to ensure that all outstanding royalties are sent to their rightful owners without delay.
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