Beyoncé's Dad Denies Embezzlement Allegation

Mathew Knowles accused of stealing from his daughter while he was her manager

July 12, 2011 9:40 AM ET
Mathew Knowles stole money from Beyonce live nation claims
Mathew Knowles and Beyoncé
Dave Hogan/Getty Images

Mathew Knowles has filed legal papers rejecting Live Nation's claim that he had stolen money from his daughter Beyoncé on her most recent world tour. According to the documents, Knowles alleges that the tour promotion juggernaut told the singer that he had pilfered her funds while he was her manager. This allegation was confirmed by an audit conducted by Beyoncé's legal team, which resulted in him being fired earlier this year.

Photos: Beyoncé's Fashion Evolution

Knowles insists that the accusations are false, and has implied that Live Nation smeared his reputation in order to become more closely attached to his daughter. After Beyoncé ditched her father as manager, she hired a replacement who had worked as an executive at Live Nation and has maintained a strong relationship with the company.

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