The telecom giant MTN Group is facing another demand from the Nigerian government over the payment of U.S.$2 billion in tax arrears. The bill comes just days after the country's central bank slapped the company with an U.S.$8 billion fine for money alleged to have been taken out of the country illegally.
More Trouble for MTN As Govt Demands $2bn Tax Arrears
Leadership, 5 September 2018
More trouble has come the way of MTN Nigeria as the federal government through the attorney general of the federation and minister of justice, Mr Abubakar Malami, has demanded from… Read more »
More Trouble for MTN As Telecom Giant Faces Fresh $2 Billion Tax Demand
Premium Times, 4 September 2018
The Nigerian government has slammed South African telecoms giant, MTN Group, with a $2 billion tax demand. Read more »
Govt Wants MTN to Pay Additional $2b in Taxes, Import Duties
Guardian, 5 September 2018
It is fresh trouble for MTN as the Federal Government, through the office of the Attorney General (AG) of the Federation, has asked it to pay $2 billion as tax on import duties and… Read more »
Whistleblower Triggered MTN Probe - Official
The Nigerian government on Tuesday said a whistleblower prompted an investigation into alleged infractions committed by telecoms group, MTN. Read more »
Whistleblower Led to the MTN $8.1 Billion Probe - Official
Guardian, 4 September 2018
According to the office of the Attorney General of the Federation, a whistleblower prompted an investigation into alleged MTN infractions that last week led to a demand for $8.1… Read more »
The demand by the Central Bank of Nigeria is the latest setback as the bank has ordered MTN Nigeria and four banks to refund the sum of U.S.$8.1 billion alleged to have been ... Read more »
MTN Group shares have plunged to a nine-year low - a day after Nigeria ordered the mobile telecoms group to repatriate U.S.$8.1 billion that the authorities say was illegally sent ... Read more »
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