The management crises rocking EME Records has taken a new turn as Banky W. has reportedly run to WizKid's mum to talk her son. According to Tribune, Banky W. decided to appeal to Wizkid's mum sentiment by reminding her of how he helped propel Wizzy's career to greatness "You know women, she felt compassion for Banky and promised to talk to her son," said a source close to the two artistes. Immediately words got to Wizkid that Banky had spoken with his mother, Wizkid tweeted: "Don't take loyalty for stupidity… Don't!"
Banky has continued to shut down reports of Wizkid's likely exit as he described as 'nothing but rumours' the reports that all is not well between the two.
He maintained that "Wizkid remains a member of the EME family.
Friction came in the once-smooth relationship between the duo when Banky was said to have found out that Wizkid had signed a management deal with a UK-based artiste rather that with Banky's EME outfit.
Banky expected Wizkid to sign another contract with him which he hasn't.
Wizkid was said to have been opened to a new deal that should see his purse grow fatter, but Banky refused to take the new proposition and went to the musician's mom to plead his case.
It was gathered that the initial agreement the two had was lop-sided that the label allegedly takes 50 percent of whatever accrued to the kid, while Osagie, Wizkid former manager that was recently sacked by the "Holler At Your Boy" crooner, collected 25 percent, leaving Wizkid with the remaining.
For years, the young act endured in silence until his successful UK tour.
"When he got back from UK, he changed allegiance"
He said Wizkid had expected an increase in his cut as is the practice of most labels once their acts record massive successes.
"He was hoping they would treat him the way Chocolate City treated MI by not only increasing his percentage, but also making him a board member of EME. None of this happened. So, the guy decided to move on', he added.
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