Skip to main content

N1.4Trillion Fine: MTN Refuses To Pay, Challenges NCC In Court

South African telecoms giant MTN said Thursday it would launch a court challenge against the $3.9 billion fine that Nigeria has ordered it to pay by December 31 for failing to disconnect unregistered users.

MTN, in a statement to shareholders today, said it decided to take this route after exhausting all other options to have the fine reduced.

MTN said that “All factors having a bearing on the matter have been thoroughly and carefully considered, including a review of the circumstances leading to the fine and the subsequent letters received from the NCC.”

“MTN Nigeria, acting on legal advice, has resolved that the manner of the imposition of the fine and the quantum thereof is not in accordance with the NCC’s powers under the Nigerian Communications Act and therefore there are valid grounds upon which to  challenge the fine.”

Details soon..

Comments

Popular posts from this blog

Nollywood Actor, Yemi Solade Compares Cynthia Morgan to a Cow

Yoruba Actor, Yemi Solade yesterday took to his instagram shade to throw a heavy subtle shade at Dancehall artiste – Cynthia Morgan.He posted a side by side picture of Cynthia Morgan with a Cow and captioned it “COWsquare”. He was referring to the fact that Cynthia’s had a nose ring on in the picture…same as the cow.His reasons and intentions for pulling this is unknown, but Yemi claims he never knew Cynthia Morgan was an Entertainer.He has since deleted the post from instagram and has refused to apologize…instead he is battling a blog on instagram who first reported the story.Fans are saying he should just apologize and move on.

Sad News – Amodu Shuaibu Is Dead (Ex-Coach, Super Eagles)

Coach Amodu Shaibu on time manages of the Nigerian Super Eagles and Technical Director of the NFF is dead.
Amodu Shaibu died in Benin three days after the death of former Super Eagles Captain and Coach, Stephen Keshi, who also died in Benin. Reports have it that Shaibu Amodu complained of chest pains on Friday night and died in his sleep. 

See The Gift Tonto Dikeh Received From a Fan - You Have to See This !

A fan decided to show love to Nollywood actress Tonto Dikeh by giving her a painting of herself today.
Tonto who shared a photo of her gift and the fan on Instagram said she will put it up in her new home.
What do you think about the gift?