The Chief Executive Officer of gold dealership firm, Menzgold, Nana Appiah Mensah, widely known as NAM1, has actually debunked claims that he has actually overlooked individuals he owes to sign a brand-new artiste onto his Zylofon Music label.
In an open letter, NAM1 mentioned that Menzgold and Zylofon are two different entities that contrasting the two is an “incredible display of intellectual deficiency or bankruptcy.”
NAM1 also noted that he is still paying clients whose investments got locked up in his obsolete Menzgold firm.
“As of now, we hold documentary evidence, clearly showing that we have paid over ninety-six (96) billion old Ghana cedis (GHC 9.6 M) even in our state of dormancy and continue to humbly make payments every now and then,” he wrote.
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NAM1 has for the past few days been mauled by a section of the public after an unveiling event held in Accra on June 12, 2020, to announce the signing of a new artiste, Tiisha.
In response, NAM1 stated in his latter that the only way he can pay the customers is to engage in other profitable ventures.
“In any case, if one is indebted and does not get productive, how is he or she expected to generate income to service or pay off their debt?” he asked.
