UPDATE: Mathew Knowles Denies Stealing From Beyonce, Slams Her Camp

Mathew Knowles is making it his point to proof his innocence and protect his name after recent allegations broke that he allegedly stole money from his daughter Beyonce. Earlier this week, Knowles filed suit in Texas court, claiming her label, Columbia Records, Live Nation Entertainment Inc. and her husband Jay-Z’s Roc Nation, have made “negative comments about me.”

“We absolutely have not taken any money from Beyonce, and all dollars will be accounted for,” Mathew Knowles told The Associated Press. “In no way have we stole money. Again, this about the people who have made these claims – they have to come into the light.”

Knowles, who has been a pilot to Beyonce’s career prior to being let go this past May (2011), has no hard feelings against his daughter, insisting their relationship is still in good standing.

“The relationship with Beyonce is extremely amicable. I want to make that clear. Where there’s concern is the people that she’s doing business with,” he said. “I’m challenging all of these folks on integrity, professional integrity.”

And challenging he is! Knowles is looking to paint a picture that shows he has always been his daughter’s protector. When asked if there was a deliberate plan to take him out of the equation, he said: “I’ll let people come to their own conclusion.”

He adds: “The team ironically appeared to be a cross-pollination of Beyonce’s team, Roc Nation’s team, and Live Nation’s team, who ironically have the most to gain,” he said.

Knowles also spoke about his daughter’s latest release ‘4,’ claiming that her camp and label “put out the record in a vacuum” but Beyonce’s star power helped its success.

“It makes you believe that there are some artists that don’t need radio. There are some records that don’t need a record label, and Beyonce is one of those artists,” he said.

Knowles also admits that he has not had a conversation with his daughter, leading onlookers to believe the two are on the fence with each other.


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