kenya artistes association denies accusations of the withdrawal of sh44 million
THE KENYA ASOCCIATION OF MUSIC PRODUCERS
byAugust 2, 2021
The Kenya Association of Music Producers (Kamp), has refuted claims that it withdrew Sh44 million. The Association stated that Kamp had not received any money in the 44 Million withdrawal claim.
“The reason for not accessing the said monies resulted from a letter dated July 26, 2021 in which Kecobo directed our bankers (NCBA) to freeze access to the said funds available without a court order,” the statement by Kamp reads in part.
The claim was made by the Kenya Copyright Board (Kecobo) on Wednesday, July 28, alleging that licensed collective management organizations (CMOs) had withdrawn about Sh44 million set aside for distribution as royalty, and transferred it to accounts outside its oversight.