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Entertainment Pundit, Ola Michael has scolded Menzgold CEO, Nana Appiah Mensah, popularly called NAM 1 and management of his music record label, Zylofon Music, over their reinauguration on Friday, June 12, 2020.

The management of Zylofon Music held an unveiling ceremony where they signed a new artiste called Tisha, an Afro-Pop musician.

The ceremony saw in attendance Dancehall artiste Stonebwoy, actress Zynell Zuh, James Gardiner, singer Miss Forson and many other entertainment dignitaries.

Of course, NAM 1 didn't miss the event as he arrived flanked by some muscular men who ushered him into the venue.

Speaking on Peace FM's 'Entertainment Review' on Saturday, Ola Michael was disgusted by the attitude of the management of Zylofon Music and their Boss, NAM 1 stating that it is a slap on the faces of Menzgold customers whose monies are locked up in the gold firm.

According to him, it is insensitive on the part of NAM 1 and the Zylofon family to have the effontery to commence operations and sign a new musician while they ignore the plight of the affected customers of Menzgold.

"If someone tells me to separate Zylofon from Menzgold, me, I won't agree. I feel the whole Zylofon building was erected with money from Menzgold. Because who can tell me that, since Zylofon was started, the whole establishment, music and film, has earned them a profit of GHC 1 million?

"I think now that they're reopening it is a bit insensitive to those whose money are locked up at Menzgold. It's very, very insensitive . . . I'm sure they do not know how many people who have died because of their money which is locked up there and how many people who have been divorced or have been crippled in their rooms because of their money," he said.