According to reports, a statement of claim filed before the court by a Lagos lawyer, Chief Felix Fagbohungbe, SAN, in 1975, a contract dispute arose between King Suny Ade and the two companies culminating in a judgement delivered by Justice Dosunmu of a Lagos High Court.
Our correspondent reach out to KSA’s camp as regards the story and our phone call was picked by his booking agent, who simply said, ‘Sir, this is his booking office, and am not in the right position to speak about any law suit’.
However, in the said judgement the court ordered the companies to return the master tapes of the original musical works produced under the label of the two companies by Sunny Ade, but the organizations held on to the tapes owing to the death of the Chief Executive Officer of the two companies, Chief Bolarinwa Abioro.
Consequently, in a bid to retrieve the master tapes, Sunny Ade in 1997 dragged the two companies before a Federal High Court in Lagos.
However, the big question on everyone’s lips is ‘Will KSA ever redeem this money’?
In reality, it might not be a smooth ride to the bank for the 69 years old musician to pick up a cheque for half a billion naira.
Our correspondent spoke to an entertainment lawyer, Efe Ugboro, who says, ‘In this case, the defendants either pay up or they can appeal. They have the right to appeal up to the Supreme Court if they are unsatisfied with the judgement. This could take a few more years’.
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