Damon Dash

Is Jay Z an informant? Or, incahoots with a known informant?

According to his former business partner Damon Dash, it could be true…. and because of it, he can’t mess with Jay at all, even if he wanted a reunion.

“I don’t have a beef with [Jay Z], I never did. We just approach business different,” he said in an interview with Sway’s Universe on SiriusXM.

“At this very moment, based of what I read in the paper. This is the one time that the paper did scare me, where I was like, ‘There has to be some truth to it.’ It’s when I read about his affiliation with informants,” Dash continued. “He’s in business with certain people. It’s tricky for me to say, but based on where I’m from, I can’t have nothing to do with that.”

It’s likely Dame is referring to a past New York Daily News report that said Jay is in business with a woman named Desiree Perez, who is the wife of the mogul’s longtime associate Juan Perez. She’s said to have “major behind-the-scenes influence” at Roc Nation, though she is not officially an employee, officer or agent at the company.

Furthermore, she is a convicted felon, with a long history as a DEA cooperating witness, who wore wires to meet with major cocaine traffickers, reports the paper.

Apparently, this doesn’t sit well with Dame, due to his own past legal entanglements, along with his friends.

“It’s paper work, so it’s not to believe,” he told Sway. There’s paper work. That part of it scares me because I know Kareem ‘Biggs’ [Burke] (Roc-A-Fella founder) is in jail. I know Irv Gotti has been harassed for years for sh*t he didn’t do. They’ve been f*cking with me for years. So, it just means I need to stay over here.

“I love Jay, but let’s just say, I find out any of that sh*t [is true], I can’t f*ck with him at all,” Dash continued. “It’s real serious for me. My man’s in jail, for three years, over weed. The feds is really on me. Where I’m from, that sh*t is not tolerated at all.

“Why are the Feds on me?” he concluded. “I don’t know why. I’m not making no accusations, but based on where we from, that doesn’t fly.”

Perez was at the center of the controversy surrounding Alex Rodriguez’s fight against the MLB over his PED suspension. According to the Daily News, the MLB star was set to retire, but she convinced him to fight the league in court.

Watch Dame’s interview below. At the 54:40 mark, he addresses Jay Z.