The fledgling Digital Broadcasting Corporation will go off the air next month - after only three months in operation - amid accusations of 'politically motivated' suppression. Station co-founder Albert Cheng King-hon said yesterday the station was popular but had to shut down because a major shareholder - Beijing-loyalist Wong Cho-bau - refused to top up his investment because of political reasons. 'We have been doing well,' said Cheng (pictured), a critic of Chief Executive Leung Chun-ying's administration and a former legislator. 'We have so far invested HK$150 million and we just need an additional HK$50 million. We can break even in about a year. 'But Wong has kept saying we should fold. I heard the Beijing liaison office does not like us. 'If the shareholders don't inject money, there is nothing we can do but cease operations.' Cheng said his outspokenness might have angered Beijing and the Leung administration. He was widely reported to be a supporter of Henry Tang Ying-yen, Leung's rival in the chief executive election. Wong came to public attention earlier this year for offering a bargain lease on a luxury Shenzhen penthouse to then-chief executive Donald Tsang Yam-kuen. Wong says he wants to cut his losses on his investment in the broadcaster. He is understood to have received support from some shareholders, including Bank of East Asia chairman David Li Kwok-po, Executive Councillor Professor Arthur Li Kwok-cheung, and VTech Holdings chairman Allan Wong Chi-yun. Commenting on those initial investment losses, Cheng said: 'Even an idiot knows you can't make quick money by investing in a media company. It takes time.' 'Our [staff members] understand the real situation well, and I have told them that we should feel honoured, though defeated.' About 100 workers will lose their jobs, and HK$10 million has reportedly been set aside for their severance pay. DBC would have no trouble paying the staff's August salaries, Cheng said. Cheng was a host of Commercial Radio's current affairs talk show Teacup in a Storm until 2004, when his contract was terminated amid political pressure from Beijing. Cheng later became a legislator. DBC had its soft launch in September last year and began full operations in May. A spokesman for the Commerce and Economic Development Bureau, which oversees broadcasting, declined to comment on Cheng's claim of political interference.