L
LequteMan
Guest
Nigeria's Telecommunication Minister, Adebayo Shittu, has stated that MTN has to pay a substantial part of the $3.9bn fine imposed on it by the NCC before negotiation talks can resume.
“When MTN came, we understood their pleas. However, we added that if you cannot meet up with the fine, you have to add your account details to show that upon paying, your company will collapse. They are yet to respond on that. The next thing was for me to get a call they are going to court. And now, they are coming back for out of court settlement. We don't want MTN to die; rather, we want them to obey the law."
Following a request put in by MTN Nigeria, in the court case it instigated, a court of jurisdiction in Lagos gave MTN till March 18, 2016 to settle out of court with NCC/Federal Government.
The Minister further explained, saying, "See we don't want MTN to die; 99% of the staff are Nigerians. But when you default in the law, you have to bear the consequences; we want them to obey the law."
Pulse
“When MTN came, we understood their pleas. However, we added that if you cannot meet up with the fine, you have to add your account details to show that upon paying, your company will collapse. They are yet to respond on that. The next thing was for me to get a call they are going to court. And now, they are coming back for out of court settlement. We don't want MTN to die; rather, we want them to obey the law."
Following a request put in by MTN Nigeria, in the court case it instigated, a court of jurisdiction in Lagos gave MTN till March 18, 2016 to settle out of court with NCC/Federal Government.
The Minister further explained, saying, "See we don't want MTN to die; 99% of the staff are Nigerians. But when you default in the law, you have to bear the consequences; we want them to obey the law."
Pulse
