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SA’s only performing rights society for songwriters faces a serious liquidity crisis as its ‘dodgy Dubai deal’ shocks members.
A failed investment in Dubai has cost South African musicians R48 million and this week Samro again failed to produce a promised forensic report into the debacle, leaving its members irate and accusations flying, Charl Blignaut reports.
SA executives deny that they were paid for their roles as nonexecutive directors at failed Arab Emirates Music Rights Organisation.
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