Stonebwoy was one of the signees of Zylofon Media owned by Nana Appiah Mensah and subsequently became one of the ambassadors of its sister company, Menzgold.
And in the wake of the gold dealership’s troubles with the Securities and Exchange Commission (SEC) and Economic And Organised Crime Office (EOCO), the celebrities who endorsed its operations have come under fire with fears that the scandal could affect their brands but Stonebwoy says it hasn’t.
“My brand is clean, it has not been affected in any way. Yes I was once an ambassador and endorsed Menzgold dealings so it is fine if people are worried but my brand is ok,” he said during the press launch of his Independence Concert which will come off on March 5.
When asked how he feels about Menzgold suspending operations because of its inability to sort issues out he said, “it’s unfortunate but the laws also have to work. Let us not forget that before all this, they were in business for long and were paying people.
“Again some of these people complaining may have been paid their dividends and may have even recouped their initial deposit but it is unfortunate.”
Stonebwoy’s also indicated that his respect for Menzgold and Zylofon Media CEO, Nana Appiah Mensah (NAM1) has not dwindled.
“I will always respect him for the kind of person he is and what his plans were for the industry. My contract with them elapses in two months time and we go our separate ways, I move on and do my business and that’s it.”