Aggrieved customers of Menzgold calls for Stonebwoy's arrest over SiDiCoin NFT endorsement

Aggrieved customers of the defunct gold-trading company, Menzgold Ghana is calling on the Economic and Organised Crime Office (EOCO) and the Criminal Investigations Department of the Ghana Police Service to arrest dancehall artist Stonebwoy.

Their call comes after the latter took to his social media page last week to endorse an unlicensed financial scheme SidiCoinNFT.

Stonebwoy, born Livingstone Etse Satekla introduced the scheme to his large following on Twitter last week.

Due to this, The Coalition of Aggrieved Customers of Menzgold has released a statement demanding that the singer be stripped of any ‘National or Corporate Award’ won.

Signed by the coalition’s PRO and Vice President Francis Owusu, the release indicated, “It should be noted that Stonebwoy has over 2.8 million followers on Twitter, over 3.1 million followers on Facebook, and over 4 million followers on Instagram and as such we must not take his influence lightly.

Ghana has not forgotten so soon that Livingstone Etse Satekla alias Stonebwoy was one of the lead brand ambassadors for the botched Menzgold investment wherein a similar fashion he and others lured their followers into investing in Menzgold which was resulted in the deaths of not less than 179 victims with many others down with various degrees of ailments.”

The coalition indicated that it doesn’t doubt claims by some members of the general public.

It urged authorities not to look on helplessly at the situation but bring Stonebwoy and all persons involved in the scheme to book.