₦airaland Forum

Well, all I know is dat mtn does not want to pay d fine.It must pay whether in or out of court.

It must pay

pulsa:
your mumuness no dey here at all.

time registered January 2016.

ignored!!!

wise man.

ffo:
MTN just trying to buy time, im sick of what NCC is doing, how can MTN sue her regulator. na wa o

precisely, this is just more delay tactics. They have no intention of paying the fine

We need money for 2016 budget. Pay sharp sharp joor.

I don port my line. Godwin. Good riddance to bad network. MTN is now past tense.

Alezy:
time registered January 2016.


ignored!!!


wise man.

Like I said your mumuness no dey here, how does the time I registered affect the authenticity and relevance of my post.

Why take it to court in the first place when obviously there know that the same body they're fighting can influence court's devisions with some Public Elites backing them up?

MTN pay o everywhere you go.

Just pay..

Ur misbehaviour has cost u my monthly data subscription of N2,500 and at least N100 daily call credit.

Mtn must pay! haba, 2h frm me on monday, 1h yday, 10naira today. mtn must pay ehn!

grandstar:
The government has no sense. You are scaring off much needed foriegn investment with this obscene fine. And yet they keep crying no dollars

nonsense.!!!! is dat d reason y MTN should disobey d laws of d land.

u are like GEJ....d clueless one

MTN is just buying time. But I wonder why ppl will queue for hours just to register a sim wen u can port and retain d number within 10 minutes. Ppl really need enlightenment on this.

ffo:
MTN just trying to buy time, im sick of what NCC is doing, how can MTN sue her regulator. na wa o

MTN tidying up their papers, they wan first make sure they convince the court that they can't afford it. In-btw, you sure say they've not been outside romance between both lawyers? Na 1.04tn we dey talk o.

Their account sef should have been frozen by now if Dem really wan speed up this case.

Make NCC nor agree at all! Mtn don Mara because dem barred me from making calls and I have gone to their office to revalidate my pic and finger prints over 48 hours now in one of their sim mega reg centres still they still have not unbarred my line. Na thunder go fire dem!

E be like MTN don forget say their fine dey part of naija budget. Buhari don amend budget, so they better pay fast or else dem go amend their fine too.


My 50cent

So they never still pay? I don't trust this NCC sef

grandstar:
The US banks could have sued but it would have been futile. The US public also wanted nlood.

That however: is the US, the largest economy in the world. California alone is the 11th largest economy in the world.

Some of the fines were excessive but the banks wanted to move on as many more fines laid ahead. America is a very litigous society. Other countries did not fine their banks so ferociously.

America is not desperate for foriegn investors. They are not chasing dollars. Their currency is the worlds reserve currency.

As earlier said, its one of the largest non oil and financial fines ever. MTN is right to challenge the monstrous fine

As long as you agree to this, then I rest my case. MTN should have known before suing the feds to court.

As for your other points, I don't even know where to begin... Let's just say that punitive fines assessed to companies isn't dependent on geographical location or economic buoyancy. MTN makes so much money to be fined $5 billion for willingly flouting regulatory rules. Check their income statement, Nigeria is their cash cow, about 35% of their global revenues is from Nigeria, so go figure. They deserved to be fined to the tune of that amount, what MTN should have done is arbitrate and get a reduction.

Ncc as a regulator but must they drive mtn out of business? I don't think u all know the implicatn if mtn walks away fro naija. I am sorry for our economy

MTN the corporate rascal. NCC should do more public enlightenment on number portability. Too many still appear ignorant of the fact that they can port their number to another network and still retain their number.

ffo:
MTN just trying to buy time, im sick of what NCC is doing, how can MTN sue her regulator. na wa o

We are in a democratic era.

The secret of how to earn $100 per day revealed. www.nairaland.com/2876973/secret-making-minimum-100-per#42240791

manny4life:
As long as you agree to this, then I rest my case. MTN should have known before suing the feds to court.

As for your other points, I don't even know where to begin... Let's just say that punitive fines assessed to companies isn't dependent on geographical location or economic buoyancy. MTN makes so much money to be fined $5 billion for willingly flouting regulatory rules. Check their income statement, Nigeria is their cash cow, about 35% of their global revenues is from Nigeria, so go figure. They deserved to be fined to the tune of that amount, what MTN should have done is arbitrate and get a reduction.

In the same light, MTN is Nigeria's investment 'poster child'. The government uses it as an example of how businesses in Nigeria can be successful, thereby potraying Nigeria's viability for investment. But to turnaround and fine them that proportion is clearly going to send wrong signals internationally.

Yes they should pay but not to the extent of crippling them. I doubt their annual turnover in Nigeria is up to the fine. Remember jobs and businesses will be affected too. Those saying government needs budget money, do you remember tax money to is a big part of the expected revenue. If you bury one cow alive how you wan take chop the meat?

deebrain:
MTN, you better come here, let us discuss my own "out of court" for the stress you put me through in the name of sim registration!

How dare you give me N5000 in airtime for just 7 days?

U dey talk of #5000 for 7days, airtel na 10k for 2 days.

Reportersgame:
Telecommunications Company, MTN Nigeria, has said it is considering settling out of court with the Nigerian Communications Commission over the N1.04tn fine imposed on it.

On Friday, at the resumed hearing of the suit it filed to challenge the N1.04tn fine, MTN’s lawyer, Chief Wole Olanipekun (SAN), pleaded with the presiding judge, Justice Mohammed Idris, to give parties 60 days to explore the option of settlement out of court.

But the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), who was sued as the 2nd defendant, told the court, through his lawyer, Mr. Dipo Okpeseyi (SAN), that parties had been finding it difficult to settle out of court.

He urged the court to take it that all the court papers in the matter had been properly filed and served and that the case was still ongoing.

“This is a matter of national importance. There have been concessions in the past and nothing happened,” Okpeseyi noted.

In his own reaction, counsel for the NCC, Mr. Yusuf Alli (SAN), argued that the maximum period allowed by the court rules was 21 days for parties to file and serve written addresses.

After entertaining arguments from all parties, Justice Idris adjourned till March 18 for report of settlement or for hearing in the case.

The judge also held that all processes filed shall be deemed as properly filed and served.

He held that all the preliminary objections and substantive application shall be taken together on the adjourned date if need be.

Justice Idris had on January 12, 2016 turned down an application of mareva injunction by the AGF seeking to bar MTN from emptying its accounts in 21 commercial banks in Nigeria, in order not to boycott N1.04tn fine.

The AGF had expressed the fear that MTN could move all its funds out of the country before the N1.04tn fine could be enforced.

He had sought an order directing all the 21 banks to open a special interest-yielding account in the name of the Chief Registrar of the Federal High Court and move N1.04tn into it from MTN’s accounts.

But in refusing the application, the judge said the AGF did not place enough material fact before the court to prove that MTN was making any moves to repatriate all its funds out of Nigeria.

MTN had filed the suit to challenge the N1.04tn fine imposed on it by NCC for its failure to deactivate its unregistered subscribers.

Among other things, the company contended that NCC could not act pursuant to Section 70 of its establishment Act to impose the fine on it, adding that it was not given fair hearing before the fine was imposed.


http://www.punchng.com/n1-04tn-fine-mtn-seeks-out-of-court-settlement/

I see MTN moving out of this country in less than 2yrs time with all this delay tactics of fine. Make FGN follow them bumper to bumper o,,oo.

MTN's foolishness, gain and blessing to other network operators.

They opted to learn their lesson the hard way.

THE COURT ADJOURNS MTN COURT SUIT AGAINST NCC FOR OUT OF COURT SETTLEMENT. http://www.newscity.com.ng/the-court-adjourns-mtn-court-suit-against-ncc-for-out-of-court-settlement/