Marco Galinha, former president of the executive committee of the Global Media Group, this Thursday clarified in a statement the situation in which the group finds itself after his presence in the parliamentary committee on Tuesday, and assured that he presented “a proposal that will allow the immediate resolution of some of the most urgent situations “, and still we have not received any response.
In the statement to which CM had access, Marco Galinha states that he invested 16 million euros in the Global Media Group, convinced of the superiority of this project and its importance for strengthening social communications.
“Global Media Group does not have liabilities of 50 million euros and it is a lie that a further five million euros of debts appeared in the invoices in addition to what was already identified during the due diligence carried out by WOF,” Former President Executive GMG committee.
Let us recall that at the parliamentary hearings held on Tuesday, the executive president (CEO) of Global Media (GMG), José Paulo Fafe, said that the company had accumulated liabilities of almost 50 million euros, “it has debts to suppliers that were not within the framework” due diligence” [investigação] five million euros, a group that will close the year” with losses of “seven million euros”.
Now, in a statement, Marco Galinha, heard on the same day by the parliamentary committee on culture, communications, youth and sport, states that the group does not have the same scope of commitment and claims that the World Opportunity Fund – WOF is by default.
Marco Galinha also admitted that during the time he was president of the executive committee, there was never a situation of non-payment of salaries and that “when the new shareholder began to fail to fulfill his duties”, they set aside “the necessary funds to guarantee compliance for the first two months of the fund wages of the entire group.”
remember, that The businessman, heard in the Assembly of the Republic on Tuesday, rejected the idea that GM is in a “very serious” financial situation. “It can’t be that bad, there were a lot of offers to buy, but I only received four offers,” he said.
Global Media workers gathered in Lisbon and Porto on Wednesday to protest against unpaid wages and a collective layoff the company intends to implement if the redundancy program does not work. The strike included members of Diário de Notícias, Jornal de Notícias, TSF, O Jogo, Dinheiro Vivo and Naveprinter, as well as other media outlets, who showed solidarity.
Author: morning Post This Lusa
Source: CM Jornal

I’m Sandra Hansen, a news website Author and Reporter for 24 News Reporters. I have over 7 years of experience in the journalism field, with an extensive background in politics and political science. My passion is to tell stories that are important to people around the globe and to engage readers with compelling content.