₦airaland Forum

Petition issued by Baseline records against Skales and his Alleged Fraudulent Manager, Osagie has clearly disclosed that Skales was paid A whooping sum of N5,000,000 for his MTN Pulse brand ambassador role.

MTN in 2015 entered into an agreement with Upfront and Personal, for the engagement of Skales to appear in TV commercials, billboards websites and other social media on behalf of MTN Pulse. As per the terms of the agreement, Upfront and Personal was to pay to the Company the sum of N5,000,000 (five million naira) in two tranches of N2,500,000 (two million five hundred thousand naira each).”

Skales Manager Teresa Osagioduwa Osarenkhoe representing that she was authorized(without being so authorized) by the Company obtained the sum of N5,000,000 (five million naira) which was supposed to be deposited to the Company.

According to reports, On many occassions, Teresa Osagioduwa Osarenkhoe has failed to repay the said N5,000,000 (five million naira) fraudulently obtained.”

*Hmm… messy isnt it*

“Now, the company Given the above circumstances have been forced to believe that Teresa Osagioduwa Osarenkhoe had defrauded them. And so the case is what it has become now!.. A petition!!!

Apart from the accusations leveled against Osagie by Baseline Music, led by industry veterans Howie T and Dipo Abdul, there were other revealing and eye-opening things we learnt about Skales.

Here are 7 things we could gather more from the petition.

1. Skales signed a 5 year contract with Baseline Music.

“On the 11th of July, 2014 the company entered into an Artiste and Record Company Multiple Right Agreement (the “Contract”) between itself and Raoul Njeng Njeng (also known as Skales) for the provision by Skales of exclusive recording services to the Company for a period of 5 (five) years.”

2. The contract gave Baseline Music an entitlement of 70% of profit brought in by Skales.

“Under the terms of the Contract, Skales assigned to the company all copyright and other rights or interests throughout the world in all sound recordings made by Skales prior to or during the term of the Contract. The Contract further provided that the Company shall be entitled to 70% (seventy percent) of the gross receipts received by Skales from performance and tours and brand endorsements during the term of the Contract.”

3. Skales introduced Osagie to Baseline Music.

“Skales introduced Teresa Osagioduwa Osarenkhoe to the Company as his manager and stated her duties to include inter alia tour bookings, strategy and promotion. In order to avoid a situation where accounts will be disputed, the Company set in place a procedure for the remittance of monies received from performances, tours and brand endorsements involving Skales.”

4. Skales earns 30% of the money he makes.

“The procedure implemented at the beginning of the Contract was the payment of all monies received in pursuance of performances and endorsements into the Baseline account, whereupon the 30% due to Skales would be transferred to his (Skales’) account after the deduction of expenses.”

“The above procedure was implemented at the beginning of the Contract and monies were remitted in the manner stated above. The Company however noticed that rather than remit monies to the Company account as agreed, Teresa Osagioduwa Osarenkhoe falsely dictated to event promoters that monies were to be paid to her personal accounts.”

“In all the circumstances where monies were paid to Teresa Osagioduwa Osarenkhoe’s personal accounts, these monies were never repaid to the Company.”

5. Baseline Music claims Skales was in cahoot with Osagie.

“The Company noticed that although Skales was listed as performing at various concerts, shows, tours and other events, none of the monies received from these events was remitted to the Company.”

“In this regard, the Company invited Skales and his manager Teresa Osagioduwa Osarenkhoe to various meetings seeking an account and a reconciliation. At these meetings, both Skales and his manager Teresa Osagioduwa Osarenkhoe insisted that the events in question were not paid events and as such there were no monies to remit.”

6. The label claims the fraudulent act by Osagie went on for 12 months.

“These dubious activities continued for a period of 12 (twelve) months wherein the Company was fraudulently deprived of its legitimate earnings by the said Teresa Osagioduwa Osarenkhoe as payments made for performances were paid directly into her account in violation of the procedure set up for payments at the beginning of the Contract.”

“The Company in March of 2016 decided to catalogue some of the paid shows, performances, concerts and tours wherein Skales performed and the monies were fraudulently converted for personal use by the said Teresa Osagioduwa Osarenkhoe.”

“By the Company’s estimation, from the aforementioned events, Teresa Osagioduwa Osarenkhoe has fraudulently converted the sum of N7,474,000 from this brief period without accounting to the Company or making payments first into the Company’s accounts as stipulated in the Contract. This is without factoring all the other performances, tours and shows where no remittance was made from the period January 2015 to April 2016.”

7. The record company set a trap for Osagie.

“In order to properly document this fraud and catch Teresa Osagioduwa Osarenkhoe in the act of theft, the Company created an email address, and sent an email to Teresa Osagioduwa Osarenkhoe requesting the performance of Skales at an event in California on the 2nd June, 2016.”

“In the email communication, Teresa Osagioduwa Osarenkhoe requested the sum of $5,000 (five thousand US dollars) for the performance as well as one business class ticket, one economy class ticket and two hotel rooms in a 4-star hotel. (please find enclosed herewith the email communication between Skales and Femi George with respect to the said performance) On 18th May, 2016 the first tranche of $2,500 (two thousand five hundred US dollars) representing 50% (fifty percent) of the performance fee demanded by Teresa Osagioduwa Osarenkhoe was wired.”

http://gist212.com/e-news/skales-earned-a-whooping-sum-of-n5m-featuring-on-mtn-pulse-advert/

Skales! Skales!! Skalds!!!

Na money dey always bring issues

So? It's his money and his life, let's mind our business and focus on ours, or don't you want people to write good about you someday?

If yes, then get to work anf stop promoting other people success.

The company takes 70prcnt? Holy Jesus!
May anoda person not reap off our sweat ooo

wow

This guy is really talented and will go far

Nawa oo

Emperessnaughty:
The company takes 70prcnt? Holy Jesus!
May anoda person not reap off our sweat ooo

it is like that everywhere except you want to brand yourself which is not easy if you are upcoming and not financially buoyant. even writers sometimes get only 20% of profit from their book sales while 80% goes to their publishers. it is business. and it is better to have a record deal than to be struggling, especially at this period when musicians don full everywhere.

happy new month to my sandoski.

assfreaky:
it is like that everywhere except you want to brand yourself which is not easy if you are upcoming and not financially buoyant. even writers sometimes get only 20% of profit from their book sales while 80% goes to their publishers. it is business. and it is better to have a record deal than to be struggling, especially at this period when musicians don full everywhere.

happy new month to my sandoski.

u quote me and yhr wishing someone else hnm on my mention without even wishing me..

Ure so nt a gentleman

Emperessnaughty:
u quote me and yhr wishing someone else hnm on my mention without even wishing me..

Ure so nt a gentleman

oya, sorry, sugar. happy new month.

assfreaky:
it is like that everywhere except you want to brand yourself which is not easy if you are upcoming and not financially buoyant. even writers sometimes get only 20% of profit from their book sales while 80% goes to their publishers. it is business. and it is better to have a record deal than to be struggling, especially at this period when musicians don full everywhere.

happy new month to my sandoski.

Thanks swidy

SANDOSKI:
Thanks swidy

I love you that much too.