Chris Ackumey Archives - Citi 97.3 FM - Relevant Radio. Always https://citifmonline.com/tag/chris-ackumey/ Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz Wed, 01 Nov 2017 06:25:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.8 https://citifmonline.com/wp-content/uploads/2019/05/cropped-CITI-973-FM-32x32.jpg Chris Ackumey Archives - Citi 97.3 FM - Relevant Radio. Always https://citifmonline.com/tag/chris-ackumey/ 32 32 NDC’s Chris Ackumey sues NCA for sanctioning radio stations https://citifmonline.com/2017/11/ndcs-chris-ackumey-sues-nca-for-sanctioning-radio-stations/ Wed, 01 Nov 2017 06:25:36 +0000 http://citifmonline.com/?p=367209 Chris Ackumey, a private legal Practitioner and a member of the legal team of the opposition National Democratic Congress (NDC), has sued the National Communications Authority (NCA) over the recent sanctions meted out to radio stations for various offences. He wants the court to declare the sanctions illegal, and also compel the NCA to compensate the affected […]

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Chris Ackumey, a private legal Practitioner and a member of the legal team of the opposition National Democratic Congress (NDC), has sued the National Communications Authority (NCA) over the recent sanctions meted out to radio stations for various offences.

He wants the court to declare the sanctions illegal, and also compel the NCA to compensate the affected stations which he says were “unlawfully” sanctioned.

[contextly_sidebar id=”TFM4NtIPepl6ZjSykRE8JCoWmGx6dx2b”]The NCA sanctioned 131 stations for various offences in September.

These sanctions ranged from the withdrawal of licenses to the imposition of fines, mostly retrospective, amounting to over GHc 1 billion.

The retrospective sanctions, in particular, have been criticized as harsh, and some have urged a legal action in this regard.

Some of the FM stations eventually shut down voluntarily, whereas others were compelled by the NCA to do so.

But the Ministry of Communications and the NCA subsequently slashed the fines, in some cases by 50 percent, or waived the fines totally.

But the legal practitioner, whose party the NDC had severely criticized the sanctions, still maintains that, the NCA erred, and is thus seeking a declaration that, since “the penalties or fines imposed by the NCA on FM stations had not been approved by the Parliament of Ghana pursuant to the Electronic Communications Act 2006 as amended and/or the National Communications Authority Act 2008, the imposition of the fines is unlawful, null, void and of no effect.”

Joe Anokye, Ag. NCA Director General
Joe Anokye, Ag. NCA Director General

Mr. Ackumey also contends that, the penalties, however lawful, “cannot be applied retrospectively to cover any period of any alleged regulatory infractions that preceded the days of the coming into force of the gazetted schedule of penalties.”

He is also seeking to restrain the NCA from reassigning sanctioned FM Stations’ frequencies, “until the NCA has fully complied with all requirements of law, including sections 13 of the Electronic Communications Act.

Break down of sanctioned stations

According to the NCA, eleven (11) radio stations have been requested to pay application fees for renewal of Authorisation, and also pay a fine in accordance with the NCA’s gazetted Schedule of Penalties for failure to apply 3 months before the expiry of Authorization within 30 days.

Two (2) radio stations have been asked to submit renewal application within 30 days.

Sixteen (16) radio stations have been asked to submit renewal application, pay application fees, and pay a fine in accordance with the Authority’s gazetted Schedule of Penalties within 30 days.

Twenty‐four (24) radio stations have been asked to submit omitted documents and pay a fine in accordance with the Authority’s gazetted Schedule of Penalties within 30 days.

Fifteen (15) radio stations will have their Authorisation processed after payment of fines in accordance with the Authority’s gazetted Schedule of Penalties.

One (1) radio station has been asked to settle its outstanding indebtedness before renewal of Authorization is considered.

Twenty (20) radio stations have been asked to settle their Provisional Authorization (renewal) fees which have been invalidated due to non‐payment within sixty days – to pay interest on due amount.

Eight (8) radio stations have been asked to pay a fine in accordance with the NCA’s gazette Schedule of Penalties before the authority conducts inspection as requested by the stations.

34 of the sanctioned stations had their licences revoked because their authorizations had expired and were operating illegally.

By: Delali Adogla-Bessa/citifmonline.com/Ghana

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Glazers to raise £88.7m in Manchester United share sale https://citifmonline.com/2014/07/glazers-to-raise-88-7m-in-manchester-united-share-sale/ Thu, 31 Jul 2014 08:00:00 +0000 http://4cd.e16.myftpupload.com/?p=35917 Manchester United’s US owners are set to pocket about $150m (£88.7m) by selling more of their shares in the club on the New York Stock Exchange. The club said the Glazer family is selling eight million shares, or about 5% of the business. The Glazers, who will keep control of the club, previously sold 10% […]

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Manchester United’s US owners are set to pocket about $150m (£88.7m) by selling more of their shares in the club on the New York Stock Exchange.

The club said the Glazer family is selling eight million shares, or about 5% of the business.

The Glazers, who will keep control of the club, previously sold 10% of their holding via a stock listing in 2012.

The deal comes two months after Malcolm Glazer died. His six grown children control the club.

The latest share sale was announced on a day when United shares closed at $19.31 apiece.

The Glazers bought United for £790 million ($1.34bn) in 2005.

Once the shares are sold, the six children of the late Mr Glazer will still own more than 80% of the club’s total shareholding.

Source: BBC

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