AKA Reveals Reasons That Led To The End Of Business Partnership With Prince
Prince allegedly spent almost a million of the business's funds.
AKA Reveals Reasons That Led To The End Of Business Partnership With Prince. Rapper AKA announced back in October that he was shutting down his business Beam Group which he co-owned with Prince Ngwenya who allegedly used R905 000 of company’s funds.
According to Sunday world Prince used the money to purchase a Maserati without consulting AKA . It was also mentioned that former employees haven’t been paid their full salaries.
”I have stated in numerous internal company correspondences that as a 70% stakeholder, I take ownership of whatever debt might have been incurred up to my percentage share.”
”But what I will not do is to incur debt on personal expenses of any other share partner(s) that were incurred not for company purposes.” Said the rapper.
