Vector seeks out of court settlement with YSG
Nigerian rapper, Vector Tha Viper – real name, Olanrewaju Ogunmefun – has accused the Nigerian press of exaggerating his rift with his erstwhile record label, YSG Entertainment.
Vector, around July 2013, walked away from his contract with YSG, prompting the label to get a Federal High Court injunction preventing the rapper from recording or releasing any music material.
However on Friday, Vector released an open apology letter to his label, addressed to “fans and media reps.”
He stated he and his erstwhile label had entered into a settlement to have the injunction lifted.
“I would also like to apologise to the management of YSG Entertainment Ltd for any embarrassment occasioned by my conduct and whatever damage it may have suffered as a result of the slander and libel as portrayed by the media in this regard. These issues were exaggerated by the media as I hold YSG Entertainment Ltd in high esteem,” Vector wrote.
Read the full text of the apology letter:
Dear Fans and Media Reps: Apology Letter to YSG Entertainment Limited.
I hope this meets you well. It is no secret that the last 12 months have been the most turbulent of my music career. With regards to the lingering issues about which I have been mute, I, Olanrewaju Ogunmefun popularly known to you as Vector Tha Viper, wish to state the following;
YSG Entertainment Ltd without any doubt, gave me the platform to showcase my talent to the world. It is true we had misunderstandings on issues concerning my engagement with them.
There’s an existing Federal High Court injunction preventing me from doing what I love to do and this serves me and my fans no good. However, we have entered into a settlement to have the injunction lifted.
That by reason of irreconcilable differences, my Record Contract Agreement with YSG Entertainment Ltd has been aborted.
That being said, in the spirit of good faith and a show of unreserved commitment to settle these issues amicably out of court, I have sought and obtained permission from the label to pay off the discounted recoupable expenses as contained in the Terms of Settlement in this regards.
I would also like to apologize to the management of YSG Entertainment Ltd for any embarrassment occasioned by my conduct and whatever damage it may have suffered as a result of the slander and libel as portrayed by the media in this regard.
These issues were exaggerated by the media as I hold YSG Entertainment Ltd in high esteem. I also appreciate the leniency afforded me by discounting the recoupable expenses for me.
I wish the company well in all their endeavors.
Thank you.
Signed:
Olanrewaju David Ogunmefun.
