Zylofon Music still in business despite NAM1's 'woes'

Zylofon Music still in business despite NAM1's 'woes'

Zylofon Music, a Ghanaian record label owned by embattled CEO of Menzgold, Nana Appiah Mensah, is still in business even though their boss has been in the news for very wrong reasons.

In a series of posts that YEN.com.gh sighted on the Instagram page of Zylofon Music, the record label has posted news and information about their artistes.

The development has come as a surprise to many because CEO of Zylofon Music, Nana Appiah Mensah, has been in trouble amid fallout from his gold dealership firm, Menzgold.

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In one of the posts on the Instagram page of Zylofon Music, the label posted a photo of Ghanaian musician, Becca and wrote "@beccafrica #Zylofonmusic".

In another post, the label posted a video of Ghanaian dancehall artiste, Stonebwoy, congratulating him for having being appointed as an ambassador for a sanitation project in Ashaiman.

Ghanaian dancehall artiste, Shatta Wale, also has his photo posted on the Instagram page of Zylofon Music recently.

Many are however surprised by the development because most of these artistes seem to often omit Zylofon Music in their social media posts and events.

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Since the troubled moments of NAM1 began, a little has been heard or seen from Zylofon Music in connection with their artistes.

It seems to many that the artistes are on their own especially when Shatta Wale in his thanksgiving concert poster omitted Zylofon Music's logo.

On January 10, 2019, YEN.com.gh published that Becca, one of the Zylofon signed artistes had deleted all photos relating to NAM1 and Zylofon Music from her Instagram page.

The development got some Ghanaians talking and wondering if Becca had abandoned the record label.

It has also been rumored that some other Zylofon artistes have ignored the label at moments that they needed to recognize them.

Zylofon Music seems to have nothing to do with its artistes ignoring them as they have still been promoting the acts.

From August, 2018 after the Security and Exchange Commission asked Menzgold to shutdown, Nana Appiah Mensah has been under pressure.

Customers, on hearing the shutdown, began demanding their investments but the CEO and his team of directors have not been able to pay back the customers.

The embattled CEO, NAM1, is now facing legal actions but has reportedly tasked government to oversee the sale of his properties so as to begin paying locked up investment of customers.

READ ALSO: Blogger lists the benefits NAM1's Zylofon/Menzgold allegedly gave to Becca

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Source: YEN.com.gh

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