Award-winning Ghanaian dancehall musician, Shatta Wale, has defended his ‘godfather,’ Kofi Boat, amid his arrest for alleged involvement in cybersecurity and financial crimes.
The SM boss held a TikTok Live session during which he shared his thoughts about the businessman’s legal woes and addressed rumours that he was involved in fraudulent activities outside of his music career.
“Most of you don’t know who Kofi Boat is, so everyone is calling him a scammer because he has now gotten into a problem. No problem. God will judge all of us on this earth. Are you calling Kofi Boat a scammer? God, sometimes you put us into difficult situations that we cannot even explain to mankind, but I know that you are there to make people know that Kofi Boat is not a scammer.”
Shatta Wale
The dancehall musician got emotional and began to shed tears as he vehemently denied the allegations against his ‘godfather.’ He also sympathised with the embattled businessman’s wife, Joyce, and children.
“Madam Joyce, I am really sorry. I feel bad. Because of Kofi Boat, I can’t even sleep. I can’t even hold myself thinking about Kofi Boat’s children. Who told you Kofi Boat is a scammer? It was just a business that went wrong. Why would Kofi Boat sit behind a computer and defraud someone?”
Shatta Wale
Shatta Wale stated that businessmen tend to get involved in bad business deals that create issues for them. As such, he had advised himself not to associate with many friends to avoid getting into any legal trouble.
He shared that he hardly hosts his friends at his $2.5 million mansion at Trasacco Valley Estates in East Legon and that he only hangs around with them when they meet at public places.
Kofi Boat was arrested in a joint operation between Interpol and the US Federal Bureau of Investigation (FBI) on Friday, June 13, 2025.
According to reports, two other individuals were apprehended with the businessman over their alleged involvement in a $100 million fraud scheme. Another suspect, Patrick Kwame Asare, reportedly evaded arrest and is currently on the run.
The suspects recently appeared before a Magistrate court on Monday, June 16, 2025, and were remanded in police custody. They are also subject to extradition to the US, where they would go on trial and possibly be sentenced to prison if found guilty.
Shatta Wale Flaunts Account Balance
The Ghanaian musician dissociated himself from his godfather Kofi Boat’s wealth after the latter was picked up by the FBI.
The ‘On God’ hitmaker went live on TikTok to dispel the widespread rumours about his wealth after his godfather’s saga.
During the live chat, Shatta Wale gave netizens a glimpse of his earnings from streaming. The musician claimed that DistroKid owed him an amount of $60,974.08 accrued from his streaming earnings.
Distrokid is an independent digital music distribution service, founded in 2012. DistroKid does not publicly disclose exactly how much it pays out to artists.
Reports indicate that artistes make between $0.003 to $0.005 per stream on Spotify through DistroKid. This means that for every 1,000 streams, an artist could earn approximately $3 to $5.
Shatta Wale’s pedigree as one of Ghana’s most streamed artistes puts him in the top earners bracket along with Black Sherif and Sarkodie.
Apart from his streaming success, Shatta Wale boasts of several other revenue lines, including Shaxi, a ride-hailing service which entered into partnership with the government to provide jobs for Ghanaians.
Ghanaians reacted to Shatta Wale’s rants after Kofi Boat’s arrest.
“Settings nkoaaaa … cropped screenshot.”
EasyMoneySniper 🎯 ⚽️ 🏀
“Masa 6k no fit buy the rangerover he get, he no dey pull streams like that too oo, before you buy a rolls Royce through music, you have to get like 5million streams and above but bro hasn’t got 1million streams before. Not a hater buh say 60k dollars can get a bmw m4 not even a Land Cruiser 🤦🏽♂️.”
Underrated boi
“I’m full SM fun but I don’t know why our boss dey fear the FBI..! If you say you’re not part of them, why are you coming to show your properties den things? Eiii!! ‘Nipa te Ahodwo a, )mp3, gye s3, Amakom’🙏”
Schoolboye
READ ALSO: Institutional Shift to BoG’s Bill Mutes Secondary Bond Market– Analyst Unpacks Trends
