The CEO of Rufftown Music and manager of Ghanaian artists Ricky Nana Agyemang, often known as Bullet, recently revealed that the late Ebony has left him a couple of debts that he needs to pay off.
According to Bullet, he entered into a contract with a company to raise money to advance the work and career of his deceased signee.
Speaking during a UTV’s United Showbiz interview that 1Family Radio monitored, he admitted that despite Ebony’s passing, he still had to pay his debts to Midas Touch in accordance with the contract.
“Do you know I have not finished paying Midas Touch Records for the contract we signed for Ebony?’’ he quizzed.
“As we speak now, I still owe Midas Touch Records, and I am still paying for it because the contract was supposed to run for some number of years for which Midas Touch will share proceeds from the works of the artists, but we all know what happened,’’ he said.
“Since the contract didn’t mention what would happen in the case of death, I had no choice but to pay back the money they invested, which I’m still paying,’’ Bullet added.
Source: 1familyradio