Mo'hits records lawyer has revealed some details about the whole deal. In an exclusive chat with punch newspaper ,the lawyer has advised both parties to sign over their stakes in their two major companies, Mo’Hits and Koko Holdings, so that each person would hold on to one.
The lawyer states:
Quote
“In Consideration and Mutuality of D’Banj signing over to you (Don Jazzy) his entire stake in Mo’Hits Records Limited, you in return sign over to him your stake in Koko Holdings Limited, with the Catalogue now undifferentiated as between ‘D’Banj’ and ‘non-D’Banj’ sub-catalogues, (which is) in keeping with your express wishes. In view of recent events which are indeed surprising, I think it is an optimal way forward. Before Mo’Hits imploded, the relationship between D’banj and Wande Coal, one of the artistes on the label, had been anything but cordial.The Mushin-bred singer was reportedly rude to D’banj at the height of the success of his debut album, leading to his being placed on suspension from releasing any song. The album was released in 2009 and up till December 2011, no new material came from him except for a collaboration with Ghana group, R2Bees, on the song, Kiss Your Hand. Thus, pitching his tent with Don Jazzy is perceived as getting back at D’banj"
Wande coal had earlier tweeted “God, please don’t let the success you have given me get to my head to the extent that I will forget my humble beginnings".
I specialize in investigative reportage across several subject matter and sectors but mainly focus on metro events and investigation. Do leave your thoughts and opinion on my reports to let me know what you think about them. Thank you
Posted: at 20-04-2012 09:18 AM (12 years ago) | Addicted Hero
fateewase at 20-04-2012 09:38 AM (12 years ago) (f)
Ok
Posted: at 20-04-2012 09:38 AM (12 years ago) | Upcoming
Wande coal had earlier tweeted “God, please don’t let the success you have given me get to my head to the extent that I will forget my humble beginnings".
me too......
IF U TINK D DEVIL IS A LIAR, THEN LET A GUY LIE TO U AND U WILL KNW DAT D DEVIL IS A LEANER ........
Posted: at 20-04-2012 09:51 AM (12 years ago) | Gistmaniac
Kingoflion at 20-04-2012 10:56 AM (12 years ago) (m)
phyuk them all.arrant nonsense. Tell them to carry their case and come to my palace i will settle them when they pay my bill. 1million dollars each.I rest my judgement.H.R.H.
Posted: at 20-04-2012 10:56 AM (12 years ago) | Upcoming
fateewase
sexyBishop
verah
Bantino
jumie88
Lekan22
slimboss
chimexplus
terdue
Flekings
southpool16
FBI_CIA
open_reality
Kingoflion
wilat
gastro
victory18
HUNDREDK
TRENDING GISTS 
Man Shoots His Friend Dead For Taking a Bite Out of His Girlfriend's Burger
Speed Darlington's Unending Criteria For A Wife As He Seeks Application From Interested Ladies
Come Out And Confess Why You Kill Mohbad - Ghanaian Prophet Who Prophesied Junior Pope’s Death Calls Sam Larry
I'm Yet To Be Contacted By NFF – Peseiro Breaks Silence On Super Eagles' Return
UPDATE: Security Operatives Launch Manhunt For 109 Fleeing Inmates Of Suleja Prison
How Police Inspector Aliyu Taofeek Sent Patrick Chinemerem to His Early Grave in Lagos