US Law Office to Examine Naspers

US law practice Pomerantz LLP revealed it is examining whether Naspers and its officers and directors took part in securities scams or illegal business practices. Pomerantz is examining claims associated with prospective incorrect payments to ANN7 on behalf of Naspers.

The claims follow reports that MultiChoice paid kickbacks to the SABC and ANN7 to purchase political influence on set-top box non-encryption.

MultiChoice’s choice to increase its ANN7 channel payment from R50 million to R141 million each year is at the center of this.

It is also declared that MultiChoice paid kickbacks to the SABC amounting to R100 million each year. MultiChoice rejected the claims, while its parent Naspers stated there was a “relentless baiting of Naspers to intervene in the affairs of MultiChoice”.

Former Communications Minister Yunus Carrim stated MultiChoice used its arrangement with the SABC to change federal government policy on conditional gain access to an, even more, it’s commercial interests. ” The only entity which gained from making sure that [file encryption] was dropped is MultiChoice,” stated Carrim.