Connect with us

Business

Inside Details As Kashamu Buruji Panics In Moves To Cut Out Other Lottery Operators From Mouth Watering Ghana Games Deal

Published

on

Former Senator Kashamu Buruji is said to be in a panic.

And this development is attributed to attempts to cut over 25 lottery operators in cornering the mouth watering Ghana Games.

Ghana Games represents all Lotto Games of Ghanaian origin.

Kashamu is attempting to corner deal through his lotto company, Western Lotto via an out of court agreement with National Lotteries Regulatory Commission (NLRC).

The Senator had instituted a court action against 25 lottery operators and the NLRC in December 2019 to grant him authority to regulate and sublicense Ghana games.

But in an ironic move, Kashamu is now seeking an out of court settlement with the NLRC but shutting out the 25 other lottery operators he sued along with the regulator.

The other lottery operators are crying foul over their deliberate exclusion from making input or being party to the execution of the out of court settlement.

 This development resulted in the petition to the House of Representatives committee on Governmental Affairs. 

The report of the committee that has oversight functions in the lottery industry is being awaited following stakeholders meeting held in Abuja three weeks ago but industry watchers claim that the desperation of the senator has reached fever pitch for reasons yet to be confirmed.

Industry watchers observe the frantic back and forth of Kashamu to NLRC and the supervising Minister of Special Duties to obtain approval and sign-off on the settlement terms which has become a subject of investigation by the House of Representatives. 

Investigations suggest that Western Lotto had promised to deliver huge sums of money as royalty to the Lottery Authority in Ghana.

 It appears that with each passing day and unfulfilled promises, the Lottery has put Kashamu and his Western Lottery under great pressure.

Hence the frantic attempts and desperation of the Senator in Abuja sources claim.

Copyright © 2021 SocietyNow.