State broadcaster, Ghana Broadcasting Corporation (GBC) says it needs about GH¢600,000.00 for the live coverage of the 2020 Election Petition.
According a report by the GNA sighted by Kasatintin News, ‘the sum of GH¢15,000.00 a day for the 42 days of live coverage of the Election Petition, will go into the purchase of link-a technology that will upload production from the courtroom for broadcasting’.
But GBC is struggling to raise the amount, which was not budgeted for, from its Internally Generated Funds (IGF).
Further checks by the GNA revealed that GBC’s IGF is in a ‘hand to mouth’ situation and woefully inadequate to support its daily operations.
The Corporation is also said to be struggling to raise enough IGF to pay about GH¢18 million owed its retired staff.
GNA gave a background to GBC’s financial crisis and said ‘ in 2017, a client made a claim against the Corporation for breach of contract arising out of purchase of airtime between 2007 and 2011.
That situation compelled GBC to go into a settlement agreement to the tune of GH¢9 million, though the value of the four contracts was allegedly less than GH¢800,000.00’.
‘The source revealed that, after GBC paid GH¢1.8 million, a committee of inquiry was set up to interrogate the transaction’ the state news agency added ‘The findings of the committee helped the Corporation to stop a garnishee order against it’.
SOURCE: Kasatintin.com
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