Artiste manager, Bullet, has announced the death of his uncle.

The Chief Executive Officer (CEO) of Rufftown Records, whose real name is Ricky Nana Agyemang, pinned the death of his beloved uncle on MenzGold Ghana Limited owned by Nana Appiah Mensah.

According to him, his uncle died out of depression because his money was part of the locked-up MenzGold funds.

Bullet painfully asked why no adequate strategies have been out in place for customers of the embattled company to have their money back.

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He has urgently called in the authorities to find a solution to the niggling problem, less more lives be lost.

He took to his Instagram page to announce the news of his uncle's passing.

“Sad news I just lost my uncle because of his locked-up funds at Menzgold. So are we going to sit aloof and watch the sweat and hard-earned money of innocent individuals been locked up with no proper surety of payment? R.i.p uncle yaw #menzgoldcustomerslivesmatter.” He wrote.

In October 2018, the police received a complaint from about 16,000 people that Menzgold had convinced them to invest GH¢1,680,920,000 in a gold purchase scheme that yielded 10 percent monthly interest.

The complainants said their money was locked up and they could not find the Chief Executive of Menzgold, Nana Appiah Mensah (NAM1), and the other principal officers of the company.

The officials of the company called for funds to be invested in good purchase while knowing fully well that they were not authorized to do so.