A staff of Accra-based Radio Gold, Henry Kojo Agbai who confirmed the development said they are optimistic they will raise the needed funds to pay the fine.
The fine is a penalty for failing to renew its authorisation which expired on 06-09-00.
In an interview with Accra-based Class FM, Agbai who confirmed the development said they are optimistic they will raise the needed funds.
“Yes, we are soliciting for funds to settle this fine. If we get one million people with each paying GHS61, we will be able to pay this fine so the station can continue operating.”
He was however quick to add that “this was not sanctioned by the management of the station, but the money will be properly accounted for.”
Radio Gold is said to be affiliated to NDC was authorised by the NCA on September 1, 1995. However, since its authorisation expired in 2000, it has failed to renew it.
The NCA argued that Radio Gold is one of many FM stations that defaulted in their renewal.
It has therefore requested to submit their omitted renewal documents and pay their respective fines in accordance with the authority’s gazetted schedule of penalties.