Rapper CMB Prezzo has come out to address reports doing rounds on the East African showbiz scene that he is broke. This is after he reportedly failed to pay for services at top recording studios in Tanzania.

According to Shaffie Weru’s column on the pullout of a local daily, the rapper was even offered a 75% cut but it was still too expensive for the rapper.

An unnamed source had it that Prezzo moved from studio to studio in search of the cheapest offer. The source further alleged that Prezzo had to give out his ‘bling bling’ as collateral to be allowed to record at a Tanzanian-based record label.

“Braza, huyo msanii alitupea hizo bling bling zaka kwa sababu hakua na hela. Jameni, hatuwezi msaidia. Tulidhani yeye ni big deal huko Kenya, salala kumbe hana chochote!”

But Prezzo has rubbished the claims saying that he instead bought more jewelry while over there.

“Thats not true. I can even give you my video director’s number. They can confirm that I went there and bought even more jewellery. I came back with more, not less, jewellery. I had my own stylist and I had everything intact. As a matter of fact with three people, we flew there, we didn’t even drive.” Prezzo explained.

He added: “All these allegations give people a rush when they point fingers at me. They will say Prezzo does drugs, but then I’ve never been to rehab even once in my lifetime. All these allegations are formulated out of  jealousy. For me to travel with my crew already goes to show we are financially fit. If  I wasn’t, then I wouldn’t be able to accommodate two other people with me.”