The management of the National Lottery Authority (NLA), has denied claims that it has an 11 year contract with KGL Technology Limited.
Management of the NLA has had to deny the claims following publications in some newspapers claiming that NLA has a long-term contract of 11 years with KGL Technology Limited.
A statement from the Public Relations Unit of the NLA described the said claims as “outright fabrications and it does not represent the true account of the contract between NLA and KGL Technology Limited”.
It described the strategic partnership between KGL Technology Limited and NLA as a “game-changer to the revenue mobilization efforts of NLA”.
The NLA used the opportunity to clarify some issues raised in the said publication.
On the issue of revenue generated, the statement said, “it is never true that the gross revenue sharing between NLA and KGL is 25% and 75% respectively. As a matter of fact, nothing of such agreement exists between NLA and KGL Technology Limited.”
The NLA says the said newspaper failed to consider the cost of operating the online system, payment of winning tickets as well as commitment to the Government and payment of fees to the Telecommunication Companies such as MTN, Vodafone and AirtelTigo.
The NLA however assures the public that its contract with KGL will not cripple the Authority financially as is being reported by several news outlets.
The NLA urged the media to seek information from the Authority to avoid misleading the public on the activities of NLA and KGL Technology Limited.
By: Nathaniel Nartey.
