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$3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer - Politics - Nairaland

Nairaland ForumNairaland GeneralPolitics$3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer (955 Views)

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$3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by neolboy(op): 6:57pm On Jan 26, 2016
The federal government has disowned the out of court settlement offer by telecoms firm MTN overthe $3.4 billion fine slammed on it in December last year.
MTN was fined $5.2bn by the Nigerian Communications Commission (NCC) in October for regulatory infractions, but later reduced it to$3.4 billion but MTN later went to court to challenge the fine.
The company on Friday issued a statement, saying it would now settle the case with the government out of court.But the minister of communications Barrister Adebayo on Tuesday in Abuja said the federal government was not aware of any out of court settlement over the fine.
"We are not aware of any out of court settlement on the issue. We will not accept out of court settlement until MTN willingly discontinue the case”, Adebayo said at a press conference where he unveiled the new ICT road map for 2016-2020.
He said MTN wanted to buy time by taking the federal government to court instead of paying thefine.The government would slug it out with the company to the final point, he said.

source:http://www.dailytrust.com.ng/news/general/-3-4bn-fine-fg-rejects-mtn-s-out-of-court-settlement-offer/130765.html
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by IykeChukz(m): 6:58pm On Jan 26, 2016
Please MTN, we need money to fund our budget...



You can't escape it in this "No Nonsense" government.
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by Nobody: 6:59pm On Jan 26, 2016
Kikikikiki mtn Don enter wahala
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by CACAWA(m): 7:06pm On Jan 26, 2016
Abi o
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by neolboy(op): 7:09pm On Jan 26, 2016
MTN is super broke no wonder they keep sending messages and if u are not careful, ur credit will be deducted
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by vedaxcool(m): 7:14pm On Jan 26, 2016
Kontinu fooling yourselves! The fine must be paid whether you like it or not.
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by SLIDEwaxie(m): 7:37pm On Jan 26, 2016
Sell your company to adenuga...he has room for more
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by NobleAngell(f): 7:38pm On Jan 26, 2016
Two words - PAY UP! I think this is God punishing you for all the times you have illegally deducted from my acct. tongue
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by kossyablaze(m): 7:44pm On Jan 26, 2016
yemaldo:
Kikikikiki mtn Don enter wahala
Lol dem think say na GEJ "business as usual" era
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by seunmsg(m): 7:47pm On Jan 26, 2016
MTN better wake up and smell the coffee, PMB is not a weakling that can be pushed around. They better withdraw the case and pay up before it is too late. This government ain't got time for messing around.
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by psquaret:
this is Buhari, not that ogogoro man i nor mention name oh before those guy way they support corruption go come here they fom for mouth like dog............................. i mean those guys...... waiting be there name againhuh? is it em chai pls remind of their name again pls..... Em Biafra
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by Nobody: 7:56pm On Jan 26, 2016
Amazing
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by stevecantrell: 8:28pm On Jan 26, 2016
SA: Sorry guys, we're off to Iran to buy our oil. Never mind we're on the same continent.

NAIJA: OK then , please tell MTN their license renewal will cost 3.4 Billion USD. They should make it snappy !
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by jordyspices: 8:33pm On Jan 26, 2016
Mtn hope dey have a good shocks becos wat is abt to hit them may take them off balance Nigeria nd now Cameroon waiting for more countries to fine them in mtn voice "Nigeria nd Cameroon if u want the money come nd collect"
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by blazetitov: 8:36pm On Jan 26, 2016
Emptyhen better pay. We need money to finance the budget.
Re: $3.4bn Fine: FG Rejects Mtn’s Out-of-court Settlement Offer by yhemsy62(m): 8:38pm On Jan 26, 2016
Emu ti hen: Everywhere gbese
1 Reply

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