Following allegations levelled against Teresa Osagioduwa Osarenkhoe, manager of singer, Skales, that she stole money from Skales’ Record Label, Baseline Records, the manager has responded saying she did not steal a dime.
Osagie, as she is fondly called, who had managed songsters including Wizkid and Reekado Banks and currently Skales had, before the allegation, been allegedly remanded in police custody for purportedly defrauding Baseline Record to the tune of N13, 374, 000.
In a press statement on Saturday, Osagie described the theft allegation as a case of a rich man trying to use any means necessary to oppress his business partners, insisting that she did not steal from the record label.
The statement reads, “There has never been, and will never be any basis to conclude that I have been dubious or fraudulent in my dealings with the label. What we have done is to keep our work and lives going on, following inaction from them.
“The media has been awash with details of the arrest of Nigerian talent manager Osagie Osarenkhoe and pop star Skales. Whereas the information has been skewed to suit the agenda of Baseline and its owner, Segun Adebutu, the truth has now emerged about what transpired, and how the label harassed and detained the pair for almost 36 hours.
“However in February of this year, following a meeting between Skales team and baseline team, it was established that the label confirmed the absence of relevant structures and managerial staff, causing delays and miscommunication. For over a year, they have been recording and releasing music, shooting videos, pushing PR and seeking engagements without any input – material or financial from Baseline or any of its reps.
“We were however surprised that in May, 2016, the label suddenly became interested again in financials and engagement details. But in respect for a subsisting contract, we agreed to several meetings to discuss issues and agree on a way forward.
“It was at one of such meetings’, On Tuesday May 31, at Parkview Estate in Lagos, that mobile policemen came in and took Osagie Osarenkhoe to Onikan Zone II Police station.
“I was made to sign an undertaking that I no longer represent Skales and Aramide, and that a refund will be made to Baseline which is fine by me. My accounts are also being investigated, which is fine. I hope it all passes and we can all move on with our individual lives. I wish Skales and Aramide nothing but the best,” she said in the statement.