Gospel music label EeZee Conceptz has issued an official response to recent allegations leveled against its CEO, Ezekiel Onyedikachukwu (popularly known as EeZee Tee), concerning a purported fraud of $345,000 involving gospel artist Mercy Chinwo. The label strongly refutes these claims and has clarified its position on the ongoing contractual dispute with the artist.
In its statement, EeZee Conceptz addressed the claims made against Onyedikachukwu, which include:
Allegations Filed Against EeZee Conceptz CEO by Mercy Chinwo
Fraudulent Diversion of Funds: Mercy Chinwo alleges her former label boss diverted $345,000 in royalties generated from digital platforms and events without remitting her share.
Failure to Disclose Earnings: Accused of receiving royalties from digital platforms, music content, and performances without providing proper transparency.
Breach of Trust: Allegedly withheld funds entrusted to him for proper management.
Alleged Evasion of Arrest: The EFCC claims EeZee Tee has avoided attempts to bring him in for questioning and has failed to cooperate with investigations, resulting in a warrant of arrest.
In its response, EeZee Conceptz revealed that Mercy Chinwo has received over $625,000 in earnings since signing a 50/50 gross revenue-sharing agreement, which the label maintains has been honored transparently. The label further alleges that the current dispute stems from breaches of contract by the artist, including:
Failure to deliver a third studio album as required under the agreement.
Withholding funds from events, royalties, and digital content that were
contractually due to the label.
Despite these breaches, EeZee Conceptz stated that it made repeated efforts to resolve the matter amicably, including proposing reconciliation meetings, but claims these efforts have been ignored by the artist.
EeZee Conceptz emphasized its sole financial investment in the production, promotion, and distribution of Mercy Chinwo’s music catalogue, asserting that the artist did not contribute financially to the body of work. The label reiterated that all funds, assets, and intellectual property tied to the catalogue remain the property of EeZee Conceptz under the terms of the contract.
The label also noted that it has consistently fulfilled its financial obligations to the artist, remitting royalties and other payments promptly. In response to public claims made by the artist, the label urged transparency, stating:
“We invite the artist to publicly share her bank statements and records of music production before and during her time with EeZee Conceptz to clarify the significant financial investment made by the label in her career.”
EeZee Conceptz expressed concern over what it described as a misuse of institutional processes to escalate the dispute. The label highlighted a prior incident where its CEO was allegedly illegally detained by the EFCC for nine days, during which $274,000 was extorted under duress. Despite these challenges, the label maintained that it has continued to act within the confines of the law.
“We remain committed to the rule of law and trust that the legal system will ensure a fair resolution to this matter. The allegations of fraud are not only baseless but a direct attempt to undermine the years of investment, mentorship, and support provided to Mercy Chinwo through EeZee Conceptz,” the statement read.
EeZee Conceptz has called on industry stakeholders, fans, and the media to approach the matter with professionalism and objectivity. The label urged caution in engaging with one-sided narratives, encouraging a focus on verifiable facts and legal processes to avoid undue harm to the reputation of all parties involved.
The label concluded by reaffirming its commitment to transparency, professionalism, and the continued promotion of gospel music in Nigeria and beyond.