Menzgold-Endorsing Celebs Not To Blame – Brand Expert

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Brand expert Jesse Agyepong has said people should not overburden the ambassadors and celebrities who endorsed embattled Menzgold Ghana Limited.

Speaking on Showbiz A-Z on Joy FM with George Quaye, he explained it is not good to assume they knew the company was operating illegally because as an ambassador, there is a limit to what they would know and may not necessarily have known about all the operations of Menzgold.

“I get the point on people must ask questions before they sign or associate but (with the question on whether they should be blamed or not) we are assuming they knew that they were peddling an illegality,” Jesse explained.

Becca

However, popular actress Lydia Forson in a Twitter post said the politicians and celebrities who endorsed the Menzgold brand should be blamed for the current predicaments facing the company.

According to Ms. Forson, these celebrities and politicians made Menzgold look attractive to the customers leading them to invest with them. 

“Here’s the thing. Menzgold ran a pretty good media campaign. The company was endorsed by high profile celebrities, the CEO rubbed shoulders with some of the most important people, including politicians in the country. Did any of these people have suspicions about the company? I’m sure they did,” Ms. Forson reportedly wrote.

However, the brand expert explained there is a limit to the things they [the celebs and politicians] know and the things they don’t know.

Jackie Appiah

He added if the ambassadors and celebrities knew about the illegality of the company, then they were supporting a criminal activity. 

Mr. Agyepong said, “If the ambassadors are held responsible for the failure of their companies then it will open a can of worms, adding that “people can now sue ambassadors instead of the company.”

“If that happens, we begin to shift the responsibility from the company which is liable. We might be dealing with the frails instead of the issue itself,” he added.

“I do to want to go on that tangent, it is not a sound argument (to assume they knew), I do not think it makes sense.”

 He explained that if they (the ambassadors) knew the company was an illegality, they would not have gone ahead to work with the company.

Menzgold has been in the news since late 2018 over the failure of the company to pay the investments of their customers.

A warrant was issued for the arrest of the CEO, Nana Appiah Mensah, however, no concrete news has been heard to the arrest so far

myjoyonline