Home Entertainment Shatta Wale jumps to the defence of Nana Appiah Mensah and Menzgold

Shatta Wale jumps to the defence of Nana Appiah Mensah and Menzgold

- Advertisement -

In recent days Zylofon Media boss Nana Appiah Mensah has come under intense fire from the Bank of Ghana ranging from his source of money as well as the operations of Menzgold.

On Tuesday, August 7th, 2018, Bank of Ghana released a statement to the public that it is in discussions with relevant regulatory authorities to sanction Menzgold Company Limited for engaging in “solicitation, receipt of money or investment and the payment of dividends or returns to its clients” without a license to do so.

read also: Sumsum Ahuofedua claims Nana Appiah Mensah has given him a Menzgold Chain (Video)

In the statement, the Bank once again reiterated its warning that Menzgold is not licensed to take deposits from Ghanaians and that whoever does business with them does so at their own risk.

It has been pointed out that Menzgold does not take deposits and the central bank is conflating deposit-taking with their gold trading to sully their name.

read also: Menzgold – Bank of Ghana brouhaha; EOCO invites NAM1

Many have defended Menzgold in the wake of BoG warning; Sarkodie’s wife, Tracy Sarkcess schooled the BoG on the activities of Menzgold and the latest to do so is Shatta Wale, the self-acclaimed ‘dancehall king’ signed to Nana Appiah Mensah’s label Zylofon Music.

According to Shatta Wale in a self-recorded video, Nana Appiah Mensah is rich but he has not used his wealth to purchase houses or asset outside Ghana as many rich dudes had been doing and called on the youth to rise up and build their nation.

Watch the video below…

read more: This is what Shatta Wale’s daddy did to him when he stole his car


Get Ghana Latest News in your inbox each morning.


Please enter your comment!
Please enter your name here


Thursday, May 28, 2020
light rain
26 ° C
26 °
26 °
88 %
100 %
31 °
28 °
27 °
31 °
29 °

Most Read

Photos of Di Asa lady, Ayisha who died after showing her raw boobs online

GhPage reported about the death of a Facebook lady, Baby Ayisha who has sadly passed a few weeks after going viral on...

Lady who went viral for showing boobs on Facebook die from breast boil

A few weeks ago, a lady with the name Baby Ayisha went viral for showing her raw boobs in a Facebook group.

Nana Yaa Brefo finally reveals why she resigned from Adom TV

Nana Yaa Brefo, the veteran media personality who worked with Multimedia Group for 10 years before resigning a couple of weeks ago...

Ofankor Shooting: Landlord killed tenant because of a lady – Police

One of the issue been discussed on various news platforms is the shooting incident in Ofankor where a landlord identified as Victor...