$8.1b MTN fine: Court adopts settlement terms as judgment - The Nation Nigeria

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$8.1b MTN fine: Court adopts settlement terms as judgment - The Nation Nigeria
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The Federal Government accused MTN of unpaid taxes on foreign payments and imports, asking it to pay approximately $2 billion in relation to the taxes.

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'The Nigeria Lawyer Online legal newspaper reported on the 24th day of December, 2018 that the alleged charge of improper repatriation leveled against MTN Nigeria has been resolved to the tune of $52.6million as against $8.13billion earlier reported as the fine to be paid by the telecommunication company. There seems to be a wide margin between the reported final payment and the alleged charged sum which has left the public puzzled as to the procedure and steps taken to arrive at the resolution.'
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