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.”
I have been reporting on latest news from Nigeria for almost 10 years now. I report on every possible news area I come across, but always ensure my reports are compiled with dignity and fact to uphold my personal values and duty as a journalist
Posted: at 17-12-2015 09:22 PM (8 years ago) | Addicted Hero
This MTN really get strong head, they dnt want to agree with NCC. And this money is too small for them to pay out of the money they have chop in this country
Posted: at 17-12-2015 10:24 PM (8 years ago) | Hero
Go and challenge it na. I blame una. Can Nigeria company faulted in south Africa and they won't shout it to d whole world dat Nigeria is d most corrupt country and tarnish d country name instead of d company. I don't blame u pple.
Posted: at 18-12-2015 03:00 AM (8 years ago) | Addicted Hero
factfinding at 18-12-2015 07:25 AM (8 years ago) (m)
WOW i thought they have paid that FINE already ? Challenging Federal Govt, if its in outside country Govt will shut down that MTN company, but i am sure some Corrupt idiots at top have collected Bribes as always and gives MTN an idea and advise on how to Challenge the charges.
Posted: at 18-12-2015 07:25 AM (8 years ago) | Gistmaniac
ngfineface at 18-12-2015 08:07 AM (8 years ago) (f)
Quote from: EDWIN GRACE on 18-12-2015 03:00 AM
Go and challenge it na. I blame una. Can Nigeria company faulted in south Africa and they won't shout it to d whole world dat Nigeria is d most corrupt country and tarnish d country name instead of d company. I don't blame u pple.
Well said my darlyn. Are you minding them? After admitting and having their CEO resigned. They thought they can get away with it like they did with DSTV payment increase.Anyway, its too late to cry when the head is off. They must make that payment. Very greedy set of people.South Africans are worse than Indians.
Posted: at 18-12-2015 08:07 AM (8 years ago) | Hero
This amount is too much, but MTN u guys have collected a lot from we Nigerians. U guys can pay the money so u have to comply. That is the reward of disobedience.
Posted: at 19-12-2015 02:25 PM (8 years ago) | Gistmaniac
I knw this money is not to much for them to be pay nw, They are making more than this money only nigeria in months. They disobey the rules and regulation of NCC and they need to learn frm it.
Posted: at 23-12-2015 06:47 AM (8 years ago) | Hero
Go and challenge it na. I blame una. Can Nigeria company faulted in south Africa and they won't shout it to d whole world dat Nigeria is d most corrupt country and tarnish d country name instead of d company. I don't blame u pple.
Posted: at 28-12-2015 02:09 PM (8 years ago) | Gistmaniac
Novic
NwosuKC
gogoman
kp45
benosky4
beautysharp
winace
factfinding
ngfineface
franel
Oworen25
Trueyarn
okatee
botlex
moralemike07
TRENDING GISTS 
"Emefiele, Kanu Arrested Arbitrarily As Pre-Trial Detention Persists In Nigeria" – US Govt Says
Popular Ghanaian Media Personality, Serwaa Amihere Finally Reacts To Her Leaked S3x Tape
VIDEO: "Portable's Many Wives Linked To Poverty" - Isaac Fayose Reveals
BREAKING: Tragedy As 4 Year Old Boy Dies In Abuja School Amid Suspicion Of Foul Play