Wednesday, February 03, 2016

MTN engages ex-US Attorney-Gen over NCC's $3.9bn fine

With one month and two weeks left to settle with the Nigerian authorities over the $3.9 billion fine imposed by the Nigerian Communications Commission, NCC, for failing to disconnect unregistered users, MTN Group has hired the former Attorney-General of the United States of America, Eric Holder, to help challenge the propriety of the fine.
The former U.S. law enforcement officer, Holder, is said to have pleaded with Nigerian officials last month on behalf of the telecoms company without success.
It will be recalled that MTN Nigeria was originally given a fine of $5.2 billion in October 2015, and, after weeks of lobbying, had the fine reduced by 25 percent to $3.9 billion.

No comments:

Post a Comment

Have your say