The CEO of Baby Cash Records, Cynthia Mireku, aka Baby Cash has warned Zylofon Music signee Shatta Wale to advice his boss Nana Appiah Mensah to pay investors of Menzgold their money.
Menzgold temporarily halted its gold trading activities on September 13, 2018, following a directive from the Securities and Exchange Commission (SEC).
Ever since SEC instructed the gold trading company to shut down, investors of the company have been worried as dividends payments have been halted as well.
The company had promised to resume work after six days of closure but has now extended it. With all of that negative controversy going on about the company and how it trades, some are scared they would lose their investments.
One of the numerous investors happens to be the mother of queen of controversies, Afia Schwarzenegger.
According to Afia Schwarz, her mother has invested GhC4 million at Menzgold and has not received her dividends for the past 2 months now. She described the numerous assurances given by the company as deceit.
Expressing her view on the cloying matter, Baby Cash warned Shatta Wale to stop bragging about his wealth and advice his boss Nana Appiah to pay the investors their money to attest that he is truly operating in a genuine business.
“Ah I thought Nam1 is the richest man in Africa, so why is he keeping people’s money…Shatta Wale keeps bragging that he is richer than Sarkodie etc…am warning Shatta Wale to stop bragging about his wealth and rather advice his boss to pay investors of Menzgold their money”.Baby Cash said in an interview with Razzonline.com
Sounding extremely disdained, the Belgium-based Musicpreneur advised Ghanaians to be meticulous when dealing with financial institutions to prevent being scammed.