Frauds & Scandals

Nigeria’s Buhari to have final word on MTN’s $3.9 bln fine

January 26, 2016/Reuters Nigerian President Muhammadu Buhari will make the final decision on a $3.9 billion fine on South African cell operator MTN, the telecommunications minister said on Tuesday. Adebayo Shittu also told reporters that MTN might be advised to withdraw a court case filed against the fine. “If they […]

Dasukigate: Witnesses Reveal How They Exchanged $2m For Metuh

  January 25, 2016/The Will   Two witnesses presented by the Economic and Financial Crimes Commission, EFCC, in the commission’s prosecution of a N400m money laundering case against the Peoples Democratic Party, PDP, spokesman, Olisa Metuh, have told a Federal High Court in Abuja how the latter and his company, […]

BRIEF-MTN updates on the fine imposed on MTN Nigeria

Jan 22 MTN Group Ltd : * Further update on the fine imposed on MTN Nigeria * Judge adjourned matter to March 18, 2016 in order to enable parties to try and settle matter * If parties are unable to reach a settlement matter will then proceed on that date […]