Lagos - MTN has refuted allegations of
improper repatriation of money out of Nigeria.
The mobile network operator said its attention had been
drawn to various media reports containing these allegations, made at Senate
implying MTN had illegally repatriated $13,92 billion out of Nigeria over a
period of ten years in collusion with a number of commercial banks.
Also read: Buhari's Chief of Staff accused of taking N500m bribe from MTN
“The allegations made against MTN are completely
unfounded and without any merit,” said MTN Nigeria Chief Executive Officer,
Senator Dino Melaye made the allegations, prompting the
Senate to open investigations.
The accusation comes on the heels of MTN
agreeing to pay a $1 billion fine slammed on it last year for missing a
deadline to disconnect over 5 million unregistered customers in the country.
- CAJ News