N1.4tr fine: We didn’t give any govt official bribe – MTN

MTN fine

Telecommunications giant, MTN on Friday said it did not bribe any government official for the reduction of the N1.04 trillion fine slammed on the company by the Federal Government.

The Chief Executive Officer of MTN, Ferdi Moolman in a statement said reports going around that it paid N500 million to get the fine reduced are not true.

”MTN Nigeria has no knowledge of this and the allegation is therefore denied.

“The MTN Nigeria fine was ultimately settled with the Nigerian Communications Commission (NCC),” he said.

The NCC reduced the fine to N330 billion and allowed the company pay till May 31, 2019.


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