Zylofon Music to Relaunch
The record label owned by Nana Appiah Mensah aka NAM1 made history in Ghana music and the entrainment sphere within a short period of its existence.
From signing some of the biggest artistes in the country and cushioning its signees to make a grand mark were some of the things that the Ghanaian music industry cannot forget.
Shatta Wale, Stonebwoy, Joyce Blessing, Obibini, Kumi Guitar were some of the notable musicians who were on the label before its operations were visibly halted.
The Handlers of Zylofon Music had the vision of aiding Ghanaian musicians to attain the height they dream about in the global stage before the unexpected happened.
However, it appears all hopes have not been lost; the company is planning towards a mega comeback. Zionfelix.net has obtained a video teasing a new artiste that will be signed onto Zylofon Music after it has been re-launched. Kumi Guitar and Obibini are the current artistes on the label per what the video depicts. Source–Zionfelix.net
Watch the video below.
Zylofon Music to Relaunch
Owner of Zylofon Music
Nana Appiah Mensah (born c. 1984) popularly known as NAM1 is a Ghanaian businessman known for Menzgold, gold dealership and investment firm that promised customers a 10 percent monthly returns on their investments. NAM1 is also the Chief Executive Officer of Zylofon Media which has signed Ghanaian musicians such as Shatta Wale, Stonebwoy., Becca, Joyce Blessing, Kim Guitar, and movie stars such as Benedicta Gafah, Toosweet Annan.
On 9 January 2019, a circuit court issued a warrant to arrest Mensah for money laundering and fraud causing the Criminal Investigations Department of the Ghana Police Service to trigger an Interpol red alert. In September 2018, Menzgold took SEC and the BoG to court after its license was revoked by SEC.
Mensah is expected to return to Ghana after his arrest in December 2018 for alleged botched gold business and stands trial in Dubai to assist authorities payback all customers of MenzGold.
There has been a pronounced judgment by the court in Dubai to acquit and discharge him on the alleged fraud deal to pay him all outstanding debt.
15 April 2019 has been set aside as redemption day for clients of the company.
According to a Ghanaian British citizen, Stanley Kodia, the government of Ghana is using inappropriate means to detain Mensah in Dubai. He stated that according to his French lawyer who has made inquiries from Interpol Headquarters in France, a suspect is supposed to stay in the custody of Interpol for only 60days and released if not guilty of any charge. He says they are not being fair to the young multi millionaire as he has been detained more than the required duration.
It was reported that, he is to be paid by order of Dubai court a sum of $39 million as payment of the Gold he supplied to Royal Diamonds in three weeks. The company is to pay an addition to pay a compensation for wrongful incaceration. He arrived in Ghana on 11 July to be interrogated by the Criminal Investigation Department of Ghana Police Service. Provisionally he has been charged with money laundering,unlicensed to take deposits and defrauding by false pretence.