Zylofon radio and TV has announced the suspension of its operations taking effect from 30th January this year.
In a press statement received by us, signed by the Communications Manager for Zylofon Media, Samuel Atuobi Baah , indicated that the suspension follows EOCO’s press release announcing that they have secured a court order to freeze all assets owned by the CEO of the company.
In the statement released by Zylofon Media, the company did not indicate when the outfit will resume operations but thanked all who have been supporting them for the past 13 months it has been operating.
The Economic and Organised Crime Office (EOCO) in a statement dated January 29, 2019, announced that it has secured a court order to freeze all landed properties and vehicles belonging to the embattled Chief Executive Officer of Menzgold Ghana Limited, Nana Appiah Mensah, alias NAM 1.
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.