MultiChoice to probe payments to ANN7

1st December 2017 By: News24Wire

MultiChoice to probe payments to ANN7

Photo by: Reuters

MultiChoice will investigate its total payments to the controversial ANN7 TV channel following media reports of "an irregular relationship" and concerns about corporate governance failures.

The chair of the MultiChoice audit and risk committees, Don Eriksson, said in a statement on Friday that the board would investigate and take necessary action.

On Wednesday, the City Press reported that the pay-TV company, that owns DStv and M-Net, was accused of paying R100-million in kickbacks to the SABC in exchange for the public’s broadcaster "political influence over digital migration".

This followed a report by News24 regarding a R25-million payment to ANN7 and that MultiChoice had increased its annual payment to the channel from R50-million to R141-million.

MultiChoice insisted previously that there was nothing untoward with its relationship with ANN7.