The twists in the ongoing sale of Sunrise Radio's former frequency 1458AM and 1035AM to Lyca Media have taken yet another turn.
Last month, Lyca Media purchased a number of frequencies from the Sunrise Radio Group, which were orchestrated by consultant Ketan Somaia. In a surprising turn of events, UK's Guardian newspaper has reported allegations Somaia is facing, which could put the sale of Lyca Media's newly purchased stations under scrutiny. A report in the paper states that the involvement of Somaia's involvement has been flagged to media regular, Ofcom.
- See more at: http://www.media247.co.uk/bizasia/ofcom-alerted-on-lyca-medias-consultant-in-sunrise-radio-purchase#sthash.MUeLsiTP.dpuf





