Top court lifts attachment against news TV channel Globovisión

The Political Administrative Court again requested the Central Bank of Venezuela (BCV) to calculate the interest owed by Globovisión, as the fine should have been paid in January

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Globovisión pays fine to prevent cancellation

JUAN FRANCISCO ALONSO | EL UNIVERSAL

Tuesday July 03, 2012 05:06 PM

The Supreme Tribunal of Justice (TSJ) nullified an attachment for USD 5.5 million it meted out to news TV channel Globovisión last week due to the network's refusal to pay a fine for USD 2 million, imposed in October 2011 by the National Telecommunications Commission (Conatel) in connection with the coverage of a riot at El Rodeo jail, in Miranda state.

The attachment was rendered null and void by the Political Administrative Court, TSJ, once Globovisión last Friday paid, with two checks, the USD 2 million fine, pursuant to the provisions of paragraph 2, Article 522, Code of Civil Procedure.

However, the top court again requested the Central Bank of Venezuela (BCV) to calculate the default interest owed by Globovisión, as the fine had to be paid in January.

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