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It truly is insensitive to indication a new artiste when you owe Menzgold buyers – Ola Michael slams NAM 1


Enjoyment of Sunday, 14 June 2020

Resource: www.ghanaweb.com


Ola MichaelOla Michael

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Host of Neat FM’s ”Entertainment Ghana” and motion picture producer Ola Michael, has identified as out Nana Appiah Mensah, CEO of embattled Gold dealership business Menzgold, above his choice to indication a new artiste unto Zylofon Audio Document Label.

According to Ola Michael, it is insensitive on the section of NAM 1 and his crew, to expend cash to indication a new artiste when they have not paid out the people who invested their monies at Menzgold.

Ola Michael, speaking as a panel member on Peace FM’s ”Entertainment Review” programme, further slammed the management of Zylofon Audio stating it is really a erroneous timing for them to begin operations particularly when Nana Appiah Mensah has failed to reimburse Menzgold prospects whose monies are locked up in the gold agency.

He mentioned it was difficult to decouple Zylofone Media and Menzgold as recommended by folks, mainly because plainly Zylofon Media was developed from the money invested in Menzgold.

Menzgold went underwater when the Securities and Trade Commission (SEC) requested them not to choose any new deposits about two a long time ago, which has prompted quite a few demonstrations from its prospects, who have publicly demanded their monies be compensated back again to them.

”If anyone tells me to separate Zylofon from Menzgold, me, I will not likely agree. I sense the whole Zylofon setting up was erected with dollars from Menzgold. Due to the fact who can explain to me that, since Zylofon was started off, the entire institution, new music and movie, has attained them a earnings of GHC 1 million? I feel now that they are reopening it is a bit insensitive to these whose dollars are locked up at Menzgold. It can be very, really insensitive.

”We will be branded as doomsayers for indicating this…I really don’t know why the have to have now and why they want to do it now. I will not know the approach but I sense it truly is a little bit insensitive to people whose funds is at Menzgold”, he instructed host Akwasi Aboagye.

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