Globacom Ghana limited has paid an amount of $1m to the former Normalisation Committee of the GFA. Of this amount, $900,000 has been paid by the Normalisation Committee to the GFA as an arbitration settlement.
The amount is said to have been paid into the GFA’s account on Wednesday, November 27th 2019.
The Committee explained that, that 10% of the total payment of $1m US Dollars, which is $100,000 US Dollars, was paid as legal charges to the Lawyer the Normalisation Committee contracted to pursue payment from Globacom Ghana.
Globacom Ghana paid an amount of $1,000,000 (one million), as explained by the Normalisation Committee to the new administration of the GFA, as an arbitration settlement for the unilateral repeal of a sponsorship contract between the GFA and Globacom Ghana.
