Maui News Confirms Akaku Misappropriated at Least $2.4 MILLION, THREE YEARS WORTH OF PUBLIC ACCESS FEES. Akaku CEO and President Jay April Blames Board!
Sued for Breach of Contract, failure to deal fairly and interference, Jay April, President and CEO of the State owned, non-profit, Public Access television organization for Maui County, Akaku: Maui Community Television shirks responsibility, points finger at Akaku: Maui Community Television's Board of Director's Chairman John Bruce.
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Minit Stop suit charges Akaku unfair landlord
By HARRY EAGAR, Staff Writer, The Maui News
3 April, 2008
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Loa‘a’s civil suit filed in 2nd Circuit Court alleges that it spent more than $90,000 in reliance on Akaku’s cooperation.
Akaku Chief Executive Officer Jay April said Wednesday that the board of directors ultimately makes all business decisions for Akaku and its business subsidiary, Akaku Holdings.
Akaku operates public access cable television channels and is supported by cable user fees, averaging about $800,000 a year. Although it is a nonprofit organization, revenues from its operations allowed Akaku Holdings to purchase the 2-acre industrial zoned property for $2.4 million in 2005.
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