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


Tuesday, February 25, 2020
overcast clouds
27.5 ° C
27.5 °
27.5 °
89 %
100 %
28 °
28 °
28 °
28 °
27 °

Most Read

Man disgraces girlfriend at the restaurant after she turned down his proposal

Ghpage.com has sighted a video fast making rounds on social media (precisely on Twitter) which captures man boldly going down on his...

Your evil plans will kill you – Funny Face throws fresh shot at Lilwin

Ghanian actor and comedian Nana Yaw Benson popularly called Funny Face in his latest post on Instagram have registered his displeasure about...

Curses will befall any man who washes a lady’s pants in the name of love – Maame Dokono

Veteran actress Grace Omaboe popularly known as Maame Donkono has sent some words of caution to the youth and men to desist...

Following my heart made me marry an ‘ugly’ man – Maame Dokono talks about her marriage

Maame Dokono born Grace Omaboe has made a shocking revelation on what made her marry her husband whom she described as 'ugly'...