Singer, Skales has finally spoken up about the rumors of himself and manager, Osagie, being arrested over fraudulent activities involving his label, Baseline.
Recall, news broke on the internet saying Skales had been arrested for defrauding his label of money running into millions of Naira, a rumor, on air personality, Daddy Freeze, also fueled, posting a statement he got from an insider at Baseline which read:
Update on Skales and His Manager Osagie….. According to@wale_ewedemi an inside source for Baseline records, they have both been remanded in Police Custody after confessing to various charges of fraud and diversion of Baseline Records funds
They are currently assisting the Police in unraveling the extent of the fraud. Running into tens of millions of naira.
At the inception of the contract, he was given a fully furnished luxury apartment in Lekki in a gated estate, with a brand new customized SUV. And a multimillion Naira sign on Fee.
The record label also gave him a free hand to select and run his brand, supported by a multimillion naira corporate expense account.
Skales behavior has reduced the appetite of the Record label to assist other young talents to achieve their full potential.
Skales has finally responded to the rumors saying he was never locked up, he was actually locked away in the studio for days cooking up new beats.