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FBI Arrests: A ‘Wake-Up Call’ for Ghana’s Entertainment Industry, Says MC Portfolio

The recent arrests of several Ghanaian businessmen by the Federal Bureau of Investigation (FBI), reportedly in connection with internet fraud schemes, could deliver a significant blow to the country’s entertainment industry, according to Ghanaian media personality MC Portfolio.

While the FBI’s actions have sparked widespread discussion both online and offline, MC Portfolio has offered a distinct perspective, emphasizing the alleged role these individuals have played in sustaining Ghana’s creative sector.

Speaking during a discussion on Fakye TV, MC Portfolio highlighted the long-standing struggle of the Ghanaian entertainment industry to attract sufficient investment. He contended that the individuals now facing legal trouble were among the few who had shown genuine interest in the sector and were actively funding it.

MC Portfolio argued that these businessmen were instrumental in keeping the arts alive by providing crucial platforms, resources, and financial support to musicians and other creatives.

“It’s pathetic that these people are on the FBI list, unfortunately, there’s an unspoken truth, but I have to say it,” MC Portfolio lamented. “There is something called investment drought where, the movie industry, music industry and the entertainment industry are calling for investors to invest in their sector, unfortunately these are the people who have shown interest in our industry (entertainment industry).”

He continued, “They are investing in our industry, they are giving the artistes the right value for money, they are the ones building the facilities needed to enhance the creative activities, they are keeping the culture alive, so now what do we do?”

MC Portfolio further raised critical questions about why such individuals seemingly only engage with the entertainment space when seeking to launder money, noting that many of them own some of the biggest nightclubs in the country. These establishments, he pointed out, frequently serve as vital venues where Ghanaian artistes gain opportunities to perform and earn decent pay.

“Why do they find it comfortable to enter our space only when they want to wash their money, they own some of the biggest clubs in the country, which is why someone can spend one billion a night there,” he stated. “They have created the facilities to organise shows for our artistes so that they get the chance to perform, and they pay our artistes the right cheque.”

MC Portfolio concluded by labeling the current situation a “wake-up call” for the Ghanaian creative industry. He urged stakeholders to fundamentally rethink how the industry is positioned and marketed, particularly with a view to attracting legitimate and sustainable investors.

“It is our industry (entertainment industry) that they use for their money laundering, so now it’s a wake-up call for us on how we market our industry for legit business owners,” he emphasized.

 

Source: http://thepressradio.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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