NLA Suspends Questionable Contracts Pending Composition of New Board

National Lottery Authority (NLA) National Lottery Authority (NLA)

That National Lotteries 'Authority (NLA) with immediate effect, has suspended questionable contracts pending composition of a new board.

This is in accordance with the National Lotto Act 722 and Lottery Regulations L. I. 1948, the National Lottery Authority (NLA).

Reports are that the suspended collaboration agreements, did not receive the appropriate board approval.

This became necessary after the Management of the Authority, conducted internal investigations into some of these contracts.

Content of the investigations is not yet public, but the management of the NLA wants to place on record that after its internal investigations, it has been established that only four companies operating in partnership with NLA had received board approval from the previous Board.

A statement from the management of the NLA, has asked that any lottery company which has been affected by its decision has every right in the absence of the Board and substantive Director-General to appeal to the Ministry of Finance (supervising Ministry of NLA) or the Office of the President ( the appointing authority)for review.

The NLA statement also urged institutions or individuals with a contract with it, to submit a copy of such contract to the Office of the Acting Director-General for review.

Source: www.theheraldghana.com