‘We have not heard of any fine’ | MTN reacts to Cameroon fine

South Africa’s telecommunications giant, MTN group has responded to the alleged fine slammed on the company by the CONAC in Cameroon.

Cameroon’s anti-corruption commission also called CONAC had accused MTN and Orange of failing to pay taxes of about $166 million equivalent of over 100 billion francs.

Reacting to the CONAC, MTN group, in a statement refuted the claim of the anti-corruption agency stating that the company has always been compliant with Cameroonian.

“MTN Cameroon is not and has never been implicated in corruption-related actions, in the exercise of its activities,” the statement said.

According to CONAC, MTN owed nearly 52 billion CFA francs in taxes and royalties, while Orange should pay around 48 billion CFA francs.
Orange company, which was also fined alongside MTN stated the company had not received any formal word of a fine.

“Orange has not received any formal notification of the conclusions of a report or a fine of any sort. We are not aware of this affair,” an Orange spokesman revealed.

MTN also said that it had not been told of any punitive fine against its Cameroon concern but stated that the company was investigating the matter.

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