NFMU did not bill Quark for using Cable spectrum for five years

NFMU did

After being cornered by forensic auditors from Ram and McRae, the National Frequency Management Unit (NFMU) headed by Valmiki Sigh attempted to justify why it has not billed a cable television operator for five years. The entity proffered the excuse that the law does not provide a method to calculate such fees.

Concerned with this state of affairs at the company, the forensic auditors recalled the genesis of this matter and made strict recommendations. The auditors highlighted that in December 2010, former President Bharrat Jagdeo granted Quark Inc. (Broadband)/ Movie Star permission to broadcast television signals on the 2.5 GHz band, which allows for cable TV operations and internet-related services. Quark Inc. is owned and managed by Brian Yong. The auditors said that they are not aware, nor were they provided with any evidence that the President had any such authority. Additionally, since 2010, the auditors said that Quark Inc. also known as Movie Star has been providing cable TV and wireless internet services.(Kaieteurnews.com/photo: Kaieteurnews.com)…[+]