Home Buzzing Police Arrest Tony Okoroji over Misappropriation

Police Arrest Tony Okoroji over Misappropriation

68
0
Police Arrest Tony Okoroji over Misappropriation

Operatives of the Edo Police Command, have reportedly arrested the embattled Chairman of Copyright Society of Nigeria (COSON), Chief Tony Okoroji.

In a statement obtained by eelive.ng, it was discovered that Okoroji’s arrest was in response to a petition filed by concerned COSON members who were enraged over Okoroji’s misappropriation of the society’s funds.

As seen in the statement, Okoroji was arrested around 5:00 pm (WAT) on Monday, December 14, 2020, after a warrant was secured.

Police Arrest Tony Okoroji over Misappropriation
Police Arrest Tony Okoroji over Misappropriation
Police Arrest Tony Okoroji over Misappropriation
Police Arrest Tony Okoroji over Misappropriation

Speaking on Okoroji’s arrest, sources within the music society said the action became a necessity following his failure to account for the society’s funds during his 10-year reign as the chairman of the COSON Board, which eventually resulted in the loss of the society’s operating license.

Below are some of the allegations against Okoroji:

  • Unwarranted attacks on the persons of the Director-General and other Directors of NCC.
  • The huge cost of frivolous lawsuits against persons and other institutions, including the NCC and its directors.
  • The purchase and renovation of COSON House at Ikeja, Lagos, without securing approval from the society’s board.
  • Collection of commission on license fees paid by blue-chip companies, which include MTN, Nigerian Breweries, and Airtel.
  • Abusing his position at the society to award himself royalty payments.
  • Embezzling COVID-19 palliative of N72.5 million, which was meant for the 4000 members of the society.
  • Purchasing two luxurious cars -one for the office of the Chairman (Non-Executive), and the other for the office of the General Manager. The cars valued at N17 million were bought without statutory approval.
  • Lending loans to board members of the society.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.