The Assembly of the Republic is voting this Friday in plenary session on the creation of a parliamentary commission of inquiry into the activities of the Global Media Group, proposed by PAN and Bloco de Esquerda (BE).
BE is advocating the creation of a possible parliamentary commission of inquiry into the handling of the Social Communications Regulator (ERC) as part of the group’s shareholder restructuring.
According to BE, the time between the first news of the deal and the ERC’s actions “made it clear that the current process, in its various forms, poses a real risk not only to the duty of transparency, but also to freedom and pluralism.” expression” and to protect editorial independence from economic and political forces.
PAN wants to set up a parliamentary commission to investigate the group’s change of ownership involving the World Opportunity Fund.
As part of the initiative, the sole deputy of PAN, Ines Souza Real, said that this commission should work for a maximum of 120 days with the purpose of assessing the actions of the group’s management, the process of changing ownership and determining the owners of the World Opportunity Fund. evaluate the activities of the ERC and the deal that was not concluded to sell shares of Global Media and Páginas Civilizados in Luz to the state.
The plenary session is scheduled for 10.30.
Neither PAN nor BE have enough MPs to create a mandatory commission of inquiry requiring a fifth of the current MPs, i.e. 46.
For the first time since the Act came into force in 2015, the ERC said there was a lack of ownership transparency in a media company with World Opportunity Fund (WOF), a shareholder of Global Media.
On March 19, the Social Communications Regulatory Authority’s (ERC) Regulatory Council declared the WOF fund’s “lack of transparency” to be “confirmed,” confirming a draft regulation approved on February 15.
This process involves ownership of 51% of the share capital of Páginas Civilizados owned by WOF, which thus indirectly owns 25.628% of the shares of Global Media (GMG).
Author: Lusa
Source: CM Jornal
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