MTN Nigeria Denies Illegal Transfer Allegations
The mobile network has denied allegations of improper repatriation of money out of Nigeria, saying the claim was without merit.
MTN Nigeria.
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Nigeria:
MTN Denies Repatriating U.S.$14 Billion From Nigeria
Leadership, 29 September 2016
According to Bloomberg, Africa’s biggest mobile network, MTN, has hit back at reports about allegations that it illegally repatriated R187billion ($13.92billion) out of… Read more »
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Nigeria:
MTN Shares Slump Over Graft Allegations
Daily Trust, 28 September 2016
MTN Group shares slumped the most in three months after Nigerian lawmakers raised new allegations about the wireless carrier, this time accusing the company of illegally moving… Read more »
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Nigeria:
Senate Probes Money Laundering Allegation Against Minister, MTN
Premium Times, 27 September 2016
The Senate on Tuesday resolved to investigate allegations of $13.92 billion illicit financial flow involving telecommunications company, MTN, four banks and the Minister for Trade… Read more »