EOCO takes it to Shatta Wale, to others

Animation of Thursday, January 17th, 2019

Source: mynewsgh.com

2019-01-17

Information reaching MyNewsGh.com indicates that the signed sign Zylofon and Ghana's self-acclaimed Dancehall King, Charles Nii Armah Mensah, known in Showbiz as Shatta Wale, may soon lose his East Legon mansion and some vehicles because there are plans from the Bureau for Combating Organized and Economic Crime (EOCO). to confiscate them as part of measures to recover the property of Menzgold and its subsidiaries.

According to sources, the building and the cars are still in the name of the parent company Zylofon Media and could only be transferred to the name of the musician at the end of his contract, which should end in several years.

Steps are underway to begin seizing the badets of the distressed gold distribution company as part of efforts to recover blocked money from clients who have been on the heels of the government to intervene.

It is unclear when EOCO officials will begin to confiscate these properties, but our source indicates that a number of them have been listed and that their true property has been established, which now opens the way for them.

Earlier this week, EOCO froze the accounts of Nana Appiah Mensah, chief executive officer of Menzgold, who wants public support to locate other accounts, locally or internationally, to freeze them, pending the results of investigations into allegations of fraud. people by false pretenses.

MKK Amoah, executive director of EOCO, who suspects that NAM 1 might work with different account names, urges the public to forward such information to its outfit in order to track these transactions as part of ongoing investigations.

"What we are saying to the public, is that anyone with information about his other accounts should let us know because we think he would have used different names to open such accounts. Friends and family should therefore inform us of the existence of other accounts, "he urged. Adom Fm. Based in Accra.

It will be remembered that last March, Zylofon Music had offered the musician an interesting package of $ 1.5 million, accompanied by a house and a Rolls Royce car.

Although Zylofon officials refused to confirm the rumors about the package, they said the three-year contract included a non-disclosure clause preventing both parties from providing details about the deal.