Zylophone Crisis Exposed Leadership Vacuum During MenzGold Collapse – Arnold Baidoo

Arnold Asamoah Baidoo has highlighted what he describes as a leadership and governance vacuum at Zylophone Media during the collapse of MenzGold, arguing that the absence of ownership and institutional safeguards placed unfair responsibility on middle-level executives.

Baidoo said at the time of the crisis, company owner Nana Appiah Mensah (NAM1) was unavailable, while workers, including security personnel, had not been paid.

“There was no security, no direction, and people were looting the offices,” he said.

As a result, Baidoo said executives were forced to make urgent decisions to prevent further losses, decisions that later exposed them to legal risk.

“We took responsibility because if anything went missing, we would have been blamed,” he explained.

He said the situation demonstrated how institutional failure often leaves professionals vulnerable when crises escalate.

Baidoo noted that although the incident ended without charges, the reputational and emotional damage was lasting.

“The case died without any charges, but I was pained because my colleagues, whom I thought loved me, made a mockery of the situation, but I know it was God showing me the kind of people I was dealing with,” he said.