MCSK formally writes to DCI requesting an update on the ongoing investigation into the loss of Ksh 56,000,000 from its account.
The Kenya Copyright Board (KECOBO) raised the issue in a series of letters dated February 8th and August 30th, 2024.
Ousted CEO Ezekiel Mutua and Human Resource and Administration Manager Joyce Nyambura are reportedly listed as signatories on the accounts held at NCBA Bank, ABSA Bank, and ABC Bank in Westlands, Nairobi, and cover the period from 2018 to 2024 when the missing funds are reported to have been lost.
The letter requests a status update from the DCI on the investigation, which the authorities first learnt about in February 2020.
Mutua’s recent suspension from MCSK follows a protracted legal battle that saw the newly elected board formally assume office.
Mutua, who had previously resisted the board’s swearing-in, was adamant about retaining control of the society.
His legal efforts to block the transfer of power culminated in a court ruling on November 20th, which dismissed his objection on jurisdictional grounds, thus enabling the new leadership to take over.
Mutua no longer has the authority to conduct any business on behalf of MCSK following his removal from office.
Despite numerous complaints from musicians and stakeholders regarding financial mismanagement and lack of transparency in royalties distribution, the organisation has distanced itself from any contracts signed during his tenure.
