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The 1990 regulation requiring a broadcaster's owners to be "fit and proper" has been wielded only once in British history: against an adult-entertainment company called Bang Channels Ltd. whose licenses were revoked in late 2010 after airing content deemed too explicit.
WSJ: Ofcom's Review of BSkyB License, News Corp.'s Stake, Will Be Lengthy
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Early that year Abacha's petroleum minister, Dauzia Loya Etete, awarded himself a license to develop OPL 245 and set up Malabu as the license holder. (Though technically not an owner, Etete is widely believed to control Malabu.) After Abacha's dictatorship collapsed, the civilian administration of President Olusegun Obasanjo set up a panel to review oil licenses and revoked a number of them.
FORBES: Dirty Oil
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The GLA was "about to pass its first three cases for prosecution" and last month it revoked 13 licenses, said the spokesman.
BBC: NEWS | UK | England | Complaints over rogue gangmasters