As reported on Wednesday, Skales and his manager, Osagie are in police detention after being invited to clarify tales of stealing and fraud leveled against them by their record label, Baseline Records.
Sadly, it has just been revealed that Skales, out of desperation, signed a very bad deal.
Its was gathered that, Skales contract with Baseline Records states that the label will receive 70 percent of all his earnings.
That means, any money that comes to Skales, he gets just 30 percent it and this is even AFTER deduction of costs.
Waoh! And he blindly signed it?
Sources close to the record label said Skales can only leave if he pays them the sum of £10,000,000.
With exchange rate, that sum is like N4.5 Billion. Serious gobe!
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