TEAβοΈ
Audit Reports reveals KSH75 million meant to be paid as Royalties to Kenya musicians by KAMP canβt be accounted for.
At PRISK there was a misappropriation of KSH 28.6 million meant for royalties.
However the full extent of the scandal of reaping off Kenyan musicians isβ¦
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@sindamatiko
The model is wrong and will never benefit the music artists. The structure has failed for the last 40yrs. A new structure utilizing technology, fully automated collection and dispersion
@eCitizenKenya
@FintechKenya
@konzatech
no need for directors, committees at all it's 2023
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@GKKiarie
@eCitizenKenya
@FintechKenya
@konzatech
Cartels would kill that project even before it takes off. You have no idea
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@sindamatiko
Wow! So my earlier estimation was not far of. But isn't this obvious π€
Nairobi has around 7,000+ bars. Say only 30% of them pay for the Music License(40K x 2,100 = 84M). This is without adding other Counties and Categories i.e hotels, hospitals, airports, concerts etc. Something doesn't make sense
@EzekielMutua
@sautisol
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@sindamatiko
How can you refuse to be audited? That looks very suspect, I'm sure they know it. it could be sth bigger
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@sindamatiko
@Tusk8rman
@EzekielMutua
haezi ongea juu ya hii. Expect a quote or two in the next few days
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