Highlife musician, Kumi Guitar has revealed he is a client of gold dealership company,<\/p>\n
Menzgold Ghana Limited.<\/p>\n
Menzgold is a sister company of Zylofon Music, a record label Kumi is signed onto.<\/p>\n
The Security and Exchange Commission (SEC) ordered the company to halt its<\/p>\n
operations about two months ago.<\/p>\n
According to SEC, the company did not have the requisite license to deal in the purchase<\/p>\n
and deposit of gold collectibles from the public and issue contracts with guaranteed<\/p>\n
returns with clients.<\/p>\n
The investments of the customers have since been locked up following the suspension<\/p>\n
of the company\u2019s gold vault market services since Thursday, September 13, 2018.<\/p>\n
Most of the artistes signed onto Zylofon music have since come out to urge clients of<\/p>\n
the Gold firm not to worry about their investments because they are still intact.<\/p>\n
Kumi Guitar speaking on the issue said, just like the over a million frustrated clients<\/p>\n
of the company whose funds are locked up, he wished the company commenced<\/p>\n
its operations so all clients could get their dividends from investing in the company.<\/p>\n
Kumi Guitar made this known during an interview\u00a0with Agyemang Prempeh, host<\/p>\n
of Power Entertainment on Power 97.9 FM on Saturday,<\/p>\n
\n\u201cI have invested there\u2026I wish this storm is over so the business continues,\u201d\u00a0 he admitted.<\/em><\/h3>\n<\/blockquote>\n
Nonetheless, the ‘Betweener’ hitmaker would not disclose the amount he invested in his boss\u2019 company.<\/p>\n
Kumi Guitar has over the years endeared himself to Ghanaians both home and in the<\/p>\n
diaspora with his creativity that comes to play in his songs.<\/p>\n