Rihanna’s ex-book keepers have denied claims that they mismanaged her money, claiming that the singer “squandered” the money herself.

Rihanna is suing the company claiming gross management of her funds although they have fought back claiming that she is financially inept.

“Peter Gounis had no role or responsibility for how much money was made and/or spent,” a report said, citing her 2010 Last Girl on Earth Tour as a “money pit”.

“The tour was what she wanted, just as the exorbitant amount of expensive clothing and other purchases she squandered her money on were.”

Those defending against Rihanna also claim that she spent exorbitant amounts of money on expensive items of clothing and luxury items.

“At the end of her two-year spending spree she had rooms of shoes, clothing and jewellery and fond, if not hazy, memories of extravagant parties, but little cash,” the court document claims.

“Was it really necessary to tell her that if you spend money for things you will end up with the things, and not the money?”