Following the court order secured by the Economic and Organised Crime Office (EOCOs) to freeze assets of Nana Appiah Mensah aka NAM 1, management of Zylofon FM and TV has suspended operations.
A statement issued to that effect said, the suspension of the operations takes effect today (Wednesday) January 30, 2019.
The statement signed by Samual Atuobi Baah, Communications Manager of the media form said, the action has been taken because the company is a law abiding entity.
Management thanked the public for the support, love throughout the 23 months of service.
EOCO has secured a court order to freeze all landed properties and vehicles belonging to the embattled Chief Executive Officer of Menzgold.
The landed properties include Menzgold Ghana Limited, Menzgold Office Complex, Zylofon Art Complex, Brew Marketing Consult, Star Mad. Football Club, Zylofon Music and Media Company Limited, Brew Energy Company Limited and G. Tech Automobile Service.
Others include two properties located at Trassaco Valley; namely Plot No. 315 and Plot No. 337, a plot of land (No 54) near Oak Street, Trassaco Valley, an uncompleted residence and 510 acres of land.