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HomeUncategorizedMTN agrees to pay $1.7bn fine in 3 years

MTN agrees to pay $1.7bn fine in 3 years

 

MTN Nigeria has agreed to pay the $1.7 billion(N300 bn) fine the Federal
government slammed on it following their failure to deactivate 5.1
million unregistered sim cards. In a statement released today June 10th,
the company said the fine will be paid within a space of 3 years

“MTN Nigeria has agreed to pay a total cash amount of Naira 330 billion over three years”the statement read.

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