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AKA’s Beam Group company collapsed over Maserati purchase:

Administration is a standout amongst the most vital parts of guaranteeing that an artist prevails in media outlets.

South African hip jump craftsman, AKA as of late confronted a blow when his organization Beam Group close down as of late. As indicated by reports, AKA’s nearby colleague, Prince Ngwenya had blundered the organization’s assets without the rapper’s information.

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Sunday World reported that Prince had allegedly bought himself a snazzy Maserati using the company’s money. In the report, it was also mentioned that former employees haven’t been paid their full salaries.

The Fela in Versace hitmaker told the publication that he got wind of the information that some of his former employees haven’t been paid. He explained: ”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.”

The father of one added: ”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.”

In October, the rapper took to Twitter to reveal that he was no longer part of the company.

“We started the company with the best of intentions unfortunately it’s just not working out for me the way I wanted it to … so I’m taking my ball and going to play elsewhere,” he wrote. The Beam Group was a token of hope for some artists looking in from the outside. Sadly, there were malicious acts at play internally.