Skales and Manager, Osagie Osarenkhoe Arrested By Police For Fraud

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Baseline Music act, Skales and his talent manager, Osagie Osarenkhoe of M. et. al Ent were arrested and remanded in Police custody last night on allegations of fraud.

Osagie who is well known in the music industry and has also managed Wizkid, Aramide and other A-listers was accused of diverting funds belonging to Skales’ record label, Baseline Records for her personal use.

She confirmed her arrest via her Twitter handle but stated she was not detained.

Cool FM OAP, Freeze, however claims an inside source relayed to him that Skales and Osagie were indeed detained and remanded in Police Custody. He lambasted the duo on Instagram using them as an example to young artists.

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. **************************** @kaylahoniwo and I talked about this on @coolfmlagos today on the #RoadShow. Many of these artistes are from the hood. One small hit and they upgrade their transportation from Marwa and Molue to a 2006 Range Rover or G wagen with 2014 bodykit, then they upgrade their housing from mushin or Aj city to LEKKI phase one…. But the problem is they don't upgrade their minds!!! They do business with intelligent and witty entrepreneurs while using their 'Molue mentality', not realizing that a contract is a contract and GRA-GRA cannot break it! The other day DJ Zeez was asked to pay his record label N21m, then the vector issue, then Runtown was issued a court injunction restraining him from performing and now skales allegedly sleeping inside police cell!! Upcoming artistes abeg make una learn how to read book, no be everything be swag, no be everything be gra-gra! Please don't jump and sign your life away for a plate of porridge! UPGRADE YOUR MINDS!!!! Still trying to get Osagie and Skales for their own side of the story so expect more updates tomorrow…. In the meantime remember to read whatever u sign o! And make sure u have a good lawyer…..

A photo posted by Freeze Coolfm (@daddyfreeze) on

King

King

King is a writer and guitarist. He is an opinionated, multi talented individual with love for music and everything it concerns

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