Rihanna says she “effectively bankrupt”

BROKE …. Rihanna said her accountant made so many bad decisions that he blew her fortune and she was “effectively bankrupt” by the end of 2009.

The singer claims in new legal docs she had $11 MILLION in cash at the beginning of 2009. Rihanna says the accountant was not on the ball and she was horrified to learn at the end of the year she had $2 million left. To make matters worse, her expenses doubled, which left her in a BAD place.