Abuja - The Senate has petitioned mobile network
operator, MTN Nigeria, to appear before it and explain the alleged repatriation
of N13,9 billion (US$125,7 million) as alleged by a legislator.
Kogi West Senator, Dino Melaye, recently made the
allegations of money laundering, claiming the offence was done over the last
decade in connivance with four commercial banks and a serving minister.
MTN and the current Minister of Industry, Trade and Investment,
Okechukwu Enalemah, have denied the allegations.
However, on Wednesday, the Senate Committee on Banking,
Insurance and Other Financial Institutions Abdurafiu Ibrahim, disclosed the
organ had written MTN, Diamond Bank, Standard Chartered Bank, Citi Bank Nigeria
Ltd and Stanbic Bank to appear before it on Thursday.
“The allegation is a weighty,” committee chairman, Abdurafiu
Ibrahim, said at the National Assembly.
Also read: MTN fine: Court adjourns case till March 18
“So the Senate view it as a very serious assignment and has
engaged the service of international experts and they are now on ground,”
The identity of the experts could not be ascertained.
Ibrahim disclosed MTN and the banks had submitted documents
to the committee and has promise to attend their hearing.
Elenemah did not submit any document but sent a letter to
the committee denying involvement with MTN.
Senate has previously expressed discontent at the reduction
of the record fine slapped on MTN for failure to disconnect over 5 million
Last year, the Nigeria Communications Commission fined the
firm $5,2 billion. It was later reduced to $1,7 billion.
The Copyright Society of Nigeria (COSON), has also filed a
N16 billion lawsuit on MTN over alleged copyright infringements.
- CAJ News