Mo'Hits Records' frontline act, Dapo Daniel Oyebanjo popularly known as D'banj, is parting ways with his label of many years. The multiple award winning Hip-Hop artist made this shocking disclosure at a press briefing which took place at La Cachette restaurant, GRA Ikeja, on Thursday, March 31 2011.

Speaking at the event which had in attendance the singer and his new management team which also doubles as his record label, Koko Musiq, D'banj said "ladies and gentlemen of the press, after due consideration with my new management team I hereby announce my disengagement from Mo'Hits Records with effect from today.

"No doubt I have enjoyed a career boost with the label but unknown to my fans and members of the general public; I have been short-changed at various occasions and defrauded. While I will not want to go into dirty and shocking details of some of the happenstances I would want you all to know that we have agreed to go our different ways amicably."

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