Business
$8.1 Billion: Whistleblower Exposed MTN – Nigerian Goverment
0:00 / 0:00
The office of Nigeria’s attorney general said on Tuesday that a whistleblower prompted an investigation into alleged MTN infractions that last week led to a demand for $8.1 billion taken out of Nigeria to be brought back.
Ladidi Mohammed, head of asset recovery, told Reuters in a phone interview that an investigation was then carried out by the central bank.
The South African telecoms giant in a statement issued on Tuesday said all dividend repatriation out of Nigeria was done on the basis of equity capital and with valid certificates.
© 2024 Naija News, a division of Polance Media Inc.