After the grand relaunch of Zylofon Music on Friday night, a lot of the commentary on social media have been attacks on the person of the CEO, Nana Appiah Mensah.
Many people have questioned his decision to bring back Zylofon Music and make it a viable company again when a lot of people are on his neck to take back the monies they invested in Menzgold, another company he owned before they SEC shut it down.
All the concerns and attacks that have been directed at Nana Appiah Mensah aka NAM 1 has finally received a reply from him.
In a long open letter captioned: “To Whom It May Concern” NAM 1 explained his actions and motive for the recommencement of the Zylofon Music label which has been dormant for some time.
He explained that though both companies are linked in terms of ownership, however, the debt of one company does not mean the other cannot be in operation.
A part of the open letter sighted by zionfelix.net reads: “a very low shot at logic and a glaringly incredible display of intellectual deficiency or bankruptcy”.
Nana Appiah Mensah also indicated that Menzgold has been able to pay Ghc 9.6 million but he believes more can be done when he invests in other sectors to make more revenue in order to cater for the losses.
Read the full letter below