HEM TEE HEN again....i don't even know if it's legal or illegal, but there should be a limited amount of money you can take out of a country (an economy) at once....Don't they know we're in buhari times

Whatever. First off all can we be told what the first fine MTN paid has been used for.

When it's time to fight to collect a fine they let everyone know but when they have collected we don't even hear anything about it again.

With all the billions of dollars Efcc has been claiming to be recovering. Yet we are still in recession

Everyday they say army has defeated bokoharam and the next day Shekua is making a video

This govment sef, its like the more you look the less you see

PunterTim:
Only if you do it illegally!

define illegally

Dino Melaye should quickly go ahead and substantiate his claims with hard facts and not mere allegations. The burden of proof is he who alleges.
I only wish MTN would sue him to court should this be another unfounded accusation. MTN had better go public in Nigeria before some bad bele people run them aground in Niaja.

livgenius:
define illegally

There has to be a notification before any amount that massive is transferred!

Dino Melaye said he had some proofs to substantiate his claims, so is of no use Mtn denying it in the media, all they need do is to appear before Senate and explain their side of the story.

I want to appeal to all Nigerian to stand with Nigerian Senate on this matter. Yes I may not like Senator Dino Melaye, but he has my strong support on this matter. If this allegation is proven to be true, this action of MTN will amount to economic sabotage.
Repatriating such a huge some of USD in this time when the country is in serious FX crisis will amount to insensitivity of the part of the corporate giant even if they are on the right side of the law.
I hereby move the motion that NAIRALAND THE LEADING NIGERIAN SOCIAL MEDIA MAKES OUR SUPPORT TO NIGERIAN SENATE ON THIS MATTER KNOW TO THE SENATE. Fellow nairalander, I so move.

sammyj:
The Senate especially Melaye should be careful not to run this company down in order to save the job of the Nigerians working for this firm!!!

/
Interesting!

So any corporation that employees Nigerians in Nigeria should be free to do whatever they like.

/

I am not saying they should do what they like. I am only suggesting they thread with caution not to kill the company which could lead to further job lost for the citizen !!!

InvertedHammer:

/
Interesting!

So any corporation that employees Nigerians in Nigeria should be free to do whatever they like.

/

DONSMITH123:


http://dailypost.ng/2016/09/28/mtn-denies-illegal-transfer-14bn-nigeria/

MTN must just leave Naija and come back home.

middlebelter:
I want to appeal to all Nigerian to stand with Nigerian Senate on this matter. Yes I may not like Senator Dino Melaye, but he has my strong support on this matter. If this allegation is proven to be true, this action of MTN will amount to economic sabotage.
Repatriating such a huge some of USD in this time when the country is in serious FX crisis will amount to insensitivity of the part of the corporate giant even if they are on the right side of the law.
I hereby move the motion that NAIRALAND THE LEADING NIGERIAN SOCIAL MEDIA MAKES OUR SUPPORT TO NIGERIAN SENATE ON THIS MATTER KNOW TO THE SENATE. Fellow nairalander, I so move.

MTN must just wave you goodbye and head to eastern Europe. They must just dumb you with yet another load which shall add to your unemployment statistics.

mayorkyzo:
Pls an economist should enlighten me..
If I open a business in a foreign country am I not allowed to repatriate funds to my home country??

There is nothing illegal about repatriating profit realised from your businesses abroad. After all the business is yours.

Msauza:



MTN must just leave Naija and come back home.

After they have invested more than $15bn in nigeria, never. Thats SA pension money they have invested in that country and they have to get a profit out of it. now its so crazy to hear that MTN has taken $13.9bn out of the country and they very same crazy senator is not even worried about the $15billions that mtn brought to nigeria as FDI.

why only MTN all the time, there is other 2 foreign telecom companies in Nigeria and they are never touched. Nigeria must just be careful

Msauza:



MTN must just leave Naija and come back home.

Thats what they are looking for, etisalad and airtel which are both foreign companies never experience this nonesense, its clearly visible that it is political. Nigerians just hate to see any south african company making money in Nigeria and sending it to South africa. Its good that most of South african businesses are moving out.Lets see whether nigeria can establish all its industry.

tiwiex:
I don't think we get the implication of all this govt vs private sector battles. It does not help the economy in any way. We keep treating the private sector like enemies of the state and the people. How many of us have direct or indirect opportunities with MTN. Plennnnty. Diesel supply, procurement and direct jobs. No new player will come in with all this media trial and our country will get worse. Something tells me the story might be true. But guess what? After fining them that kind money, i would lose confidence in the system and play safe. It is possible, but we caused it. This government has economic myopia abi wetin Soludo call am? Policy myopia. Stop joining them folks. How does MTN or any other company leaving Nigeria affect me and you positively

You are a wise man. Not all the foools talking trash here. They think it is a competition. Smh

Pls enlighten me how to legally transfer money home I really don't understand

MTN are liars. They transferred the money. The people that should be probed are Fake Pastor VP Osinbajo, Enelemah, Gbenga Oyebode. They have committed money laundering in 2 countries. 1) taking the money out of Nigeria unlawfully. 2) taking the money into South Africa unlawfully. Thieves.

Pls enlighten me how is repatriating my money home inlegal

Someone that cannot manage his home is a law maker. Anyway only in Naija sha.

Instead of advising the government on how to revive the economyin critical recession and move Nigeria ahead.

What happened to all the 17 Billion US Dollar sold on crude oil during the oil boom era?

What happened to all the money in TSA?

What happened to all the recovered loot ?

Dino should stop distracting Nigerians, people are hungry, losing jobs, dying, suffering and lamenting in abject poverty.


Where are all the promises of APC? Instead All Promises Cancelled.

PunterTim:
There has to be a notification before any amount that massive is transferred!

No. There doesn't hv to be. If it's yours it's yours. Notification to who?

livgenius:


No. There doesn't hv to be. If it's yours it's yours. Notification to who?

To the CBN!

PunterTim:
To the CBN!

That's the bank's responsibility. Not MTN.

livgenius:


That's the bank's responsibility. Not MTN.

Whoever it is,CBN never got that notification!