Kumi Guitar who is signed onto Zylofon Music record label a sister company of Menzgold has revealed that, he is one of the customers of Menzgold whose monies have been locked up following the suspension of the company by the Security and Exchange Commission (SEC).
The highlife artiste, avowed that Ghanaians who have invested in Menzgold should be calm because the second coming of Menzgold is going to be great.
SEC ordered the company to halt its Operations about two months ago.
According to SEC, the company did not have the requisite license to deal in the purchase and deposit of gold collectibles from the public and issue contracts with guaranteed returns with clients.
The investments of the customers have since been locked up following the suspension of the company’s gold vault market services since Thursday, September 13, 2018.
Speaking with Happy FM’s ‘Doctar Cann’ on ‘Showbiz Xtra’, Kumi Guitar admitted he is among many frustrated customers of Menzgold whose monies have been locked up.
“I invested my money into Menzgold because it would have been unwise not to do business with them since I’m working with them. The fact that my money is locked up at Menzgold it has a little impact on production of ‘Konkonsa’ video but not entirely”
Kumi Guitar, who is a stable-mate to both Shatta Wale and Stonebwoy, is currently promoting his latest track ‘Kokonsa’ video