MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally - Business (3)

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MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally (26611 Views)

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Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by AreaFada2: 7:28am On Oct 24, 2016

Felixtuta:
If the order fro CBN was from 2006 to 2016, one will ask:

When was the money moved?

I guess most was moved when the faced the huge fine that was later reduced. Maybe to prevent govt blocking it in 9ja. Chai! 9ja don suffer. And the Saint minister Buhari was the mastermind. Na wa o.

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by UnknownT: 7:32am On Oct 24, 2016

martineinstein:
dont blame only d minister..its been happening since 2OO6

hmmmmm! So the change refused starting with the minister?

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by saintdennis(m): 7:34am On Oct 24, 2016

ovielee:
MTN did not do anything wrong here, we should understand the procedure for issuance of CCI and repatriation of funds.CCI can only be issued for foreign inflows within 24hours of receipt and the funds would converted to naira at the current exchange rate. The issue with MTN is that the CCI were not within the stipulated 24hours but the various banks sought CBN approval to issue the CCI, given that the CBN has granted approval MTN can repatriate the CCI

I'm not surprised@ ur ignorance... after all you're a deltan.

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by saintdennis(m): 7:35am On Oct 24, 2016

Nigerians are soo dull n disloyal they'd support common south Africa against naija...

Yet complain about treatment of nigerians in SA.

If you don't respect yourself...who will?

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by Bgorgeous: 7:37am On Oct 24, 2016

Do you blame mtn? When Nigeria is a prostitute, where you pay her and do anything with her

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by martineinstein(m): 7:41am On Oct 24, 2016

UnknownT:
hmmmmm! So the change refused starting with the minister?

they said btw 2006-2016.,...they might not have moved the money in dis current dispensation since dollars has been scarce since last yr

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by ernieboy(m): 7:42am On Oct 24, 2016

saintdennis:
Nigerians are soo dull n disloyal they'd support common south Africa against naija...

Yet complain about treatment of nigerians in SA.

If you don't respect yourself...who will?

bro thank you for this ccomment. many of our so called youths are simply too dull. bunch of retards.

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by Nobody: 7:43am On Oct 24, 2016

sylvar02:
Sorry if this is silly...

Just my own take

Abeg na government money them move

When some thieves dey busy dey carry Naija people money.... Should there be certain protocol you have to follow before handling your own hard earned money

Abi na the money cause our economy issue

Meanwhile see Wetin Eric Baily dey wear

if you have £100,000 pounds just carry am enter UK tell them it is your money. they will let you go.

1 Like

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by phenomem(m): 7:47am On Oct 24, 2016

olaolulazio:
waiting for fayose to admit he recieve some sum from Ｋoro

Ehn? What do you mean. Oga fayose is busy with stomach infrastructure. Where in nigeria have you see any corrupt person admitting to being corrupt.

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by carrion: 8:01am On Oct 24, 2016

I feel sorry for those who are saying is it Nigerian money
Why do we have regulations? Taking more $ than required from circulation from Nigeria's economy is one of the causes of this dollar crunch we are experiencing.
Unfortunately, Nigeria only earned that $ from crude oil revenues. In SA it is very difficult for you move money you've legitimately earned in that country.
It's unfortunate that Nigerians and Nigerian institutions are the ones helping to rip this nation dry.

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by ovielee(m): 8:01am On Oct 24, 2016

saintdennis:

I'm not surprised@ ur ignorance... after all you're a deltan.

Since u are enlighten. Please educate me on this issue and don't include tribe in your discussion.

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by ofuonyebi: 8:03am On Oct 24, 2016

Is Nigeria becoming a country where we have laws ...that does not work?.....over $20 billion got lost from the CBN

during the.. "pdp reign of corruption"...and when Sanusi ...shouted.. ole!..ole!...barawo!..he was sacked by GEJ..to shut him up

that was why it was easy for Mtn to pass thru the same way out...dont 4get dat the tax off that over.. $13.billion ..is enough to

fight recession...The NASS should not only do the usual ..crocodile ..job..they shold help 9ja collect her legal due...afterall nobody

fit try that joke with south Africa...no wonder ..Zuma.. told us lie during his visit that no money was ferried out...see now the yanch of the fowl!

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by Kingzy4pep(m): 8:11am On Oct 24, 2016

saintdennis:

I'm not surprised@ ur ignorance... after all you're a deltan.

What do you mean by he's a deltan and what has that got to do with this?
You need to learn how to make comments.

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by sunnyside16(m): 8:14am On Oct 24, 2016

Fine them and subscribers would pay one way or the other.

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by canalily(m): 8:21am On Oct 24, 2016

AfroKnight:

Wow! Such ignorance.

mumu, do u reason at all

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by canalily(m): 8:23am On Oct 24, 2016

Lilimax:
You're so naive

you and MTN be like this

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by ayokellany: 8:23am On Oct 24, 2016

nony43:
I wonder what would have happened if a Nigerian coy did such n SA

The brain of any South African black, white, coloured, educated, uneducated, retard or what have is not dead to allow such a rape of its society. It is only im Nigeria you have dead brains from the president to nearly every peasant that will allow such atrocities on its society without battling eyelid.

1 Like

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by canalily(m): 8:24am On Oct 24, 2016

francisbarrack:

C person thinking.

ewu awusa

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by Nobody: 9:03am On Oct 24, 2016

lafuria1:
Let's free Mtn, at least they are honest, our useless politicians will forming saints have moved more out of the country. Where did our 20bn dollars go too,

But they have being denying it ever since why the sudden change?

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by Nobody: 9:04am On Oct 24, 2016

ArabMopol:
BUHARI IS A FOOL.... TUFIAKWA

How can you insult our president like that .Your grandfather for that matter

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by airminem(f): 9:13am On Oct 24, 2016

The Goverment Flout More Than Just CBN Laws Or Regulation. Indeed All The Pass Minister Of Trade Investmen And The Govonor Of CBN Excluding Emir Sanusi (because He Cant Be Touched) Should Be Probed.

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by PROWESX(m): 9:14am On Oct 24, 2016

nigeria is turning to gotham were crime is order of the day

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by ArabMopol(m): 9:15am On Oct 24, 2016

asuustrike2009:

How can you insult our president like that .Your grandfather for that matter

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by bullabong(m): 9:23am On Oct 24, 2016

MRSALT:
And Nigeria Govt is looking for where to borrow $1Billion .

MTN is Anti Nigeria progress. Just as they steal our air time shamelessly

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by Nobody: 9:31am On Oct 24, 2016

MTN contributed to this recession. Useless network. The company should be ceased and sold

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by middlebelter(m): 9:31am On Oct 24, 2016

Somebody help me! So good thing coming from Dino Melaye outcry? This man may not be totally bad as I perceived?
OK MTN thank you for the confession. The same way Nigeria made a mistake taking cash to South Africa and it was seized? The circumstances that is stronger than compliance with the law of our land should attract MAXIMUM SANCTION!!!
PMB we the are watchingyou and your ministers again. Let's hope there will be no behind the curtain dealing!?

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by Nobody: 9:32am On Oct 24, 2016

chacoonder:
Let the government deal with them first before ejection.

Yes exactly.

All this corruption buhari is shouting.

See corruption here now (MTN) is he not seeing this thieves?

Na wa.

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by Nobody: 9:45am On Oct 24, 2016

No wonder we lose this much weight... grin

OBARA JESUS ON A STICK!!!

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by Nobody: 10:17am On Oct 24, 2016

[quote author=ArabMopol post=50462109][/quote]
Before nkor

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by sylvar02(m): 10:42am On Oct 24, 2016

Mayflowa:

what are you saying? Do u know the process it takes you to move a million dollars out US. That money was made in Naira and they took the country foreign exchange(dollars) out. Do you know what is 13 billion dollars? Go and sleep bro. You never wake up

NB: For your wisdom, a country amount of dollar reserve and demand for dollars reflect in country's exchange dollar ratio. If we have 50Billion dollars in our reserve today, a dollar will revert back to 150 naira or less

Oh bro.... That's why I said sorry if it sounds silly. thanks for this

1 Like

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by Supermansteve(m): 11:50am On Oct 24, 2016

Personally, I fell they're hiding something. Maybe if they are investigated further, more skeletons would surface. Maybe the money is exceeds the 13 b or perhaps something even worst. These guys(mtn) don't take Nigeria laws seriously as such they should just good. This isn't the first nor last time. MTN must go

Re: MTN Admits Moving Out $13.9 Billion Out Of Nigeria Illegally by vivaciousvivi(f): 11:52am On Oct 24, 2016

Okechukwu Enelamah beginning to show his true colors. And to think that he is a product of corporate Nigeria and former director of capital alliance. What a pity.

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