Reports reaching YEN indicate that the Chief Executive Officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah, was allegedly arrested in the past, on charges of fraud.

Sources say that he dealt in the sale of non-existent loans before setting up Menzbanc Ghana, a gold dealership bank. Nana Appiah Mensah is also the CEO of Zylofon Media, Ghana’s fastest growing entertainment company.

Zylofon Media, this year, signed up music and movie artistes.

It recently made a cash donation of $10,000 to ace highlife artiste, Jewel Ackah.