Praise TV, which operated under a licence issued to Destiny Broadcasting Network Europe, aired a range of pseudo-spiritual programming.
It had previously come under fire from Ofcom for a range of dubious content, including shows that featured presenters promising that they could cure the serious illnesses of viewers if they made a donation.
Also featured on the channel was Pastor Gilbert Deya, the self-appointed bishop from London, who claimed that he could deliver "miracle babies" to infertile women.
He was deported to his home country of Kenya last September after failing in his fight against extradition.
But the regulator has not revoked the licence due to programming, but rather because Destiny does not appear to be "the person with general control over which programmes are comprised in the service".
During an investigation into Praise TV, Destiny had "failed to satisfy" the regulator that it had general control over what programmes were being aired on Praise TV.
The watchdog said in its latest Broadcast Bulletin that Destiny had also supplied "information which was false in a material particular or withheld any material information with the intention of causing Ofcom to be misled".
As a result, the regulator has today confirmed that it revoked Destiny's licence to broadcast as of August 15.