Following the statement released by  University of Lagos, UNILAG debunking reports that Five Star music boss, E-Money received a Honorary Doctorate Degree from their institution, his company has reacted saying that he received the Honorary Doctorate from the European-American University.

According to the new post on Five Star’s official Instagram, the billionaire business man received the Honorary Doctorate Degree in Business Management and Corporate Governance from the school.

It read:

“Congratulations to our chairman on his amazing achievement / Award Honorary Doctorate Degree in Business Management and Corporate Governance from the European-American University. Many more blessings and more grace as you go on @iam_emoney1 @iam_mrse @iam_kcee .. #itistoolatetofail”

This is just after the Music Mogul had earlier posted that the honorary Doctorate Degree was from the University of Lagos.