MTN Group has hired former US attorney-general Eric Holder to assist in the company’s multi-billion dollar lawsuit in Nigeria.<\/p>\n
This is according to Bloomberg<\/a>, citing the Nigerian Communications Commission (NCC).<\/p>\n The NCC fined MTN \u20a61.04-trillion (around R71-billion at the time) in October 2015 for not disconnecting unregistered SIMs on its network.<\/p>\n After negotiations with Nigerian authorities, the fine was reduced by 25% to \u20a6780-billion.<\/p>\n Africa’s largest mobile operator opted to take the matter to court in Lagos and it has until mid-March to reach a settlement.<\/p>\n Bloomberg reported that Holder held preliminary talks with NCC CEO Umaru Danbatta regarding the fine.<\/p>\n \u201cWe have consultants working for us across the globe,\u201d MTN spokesperson Chris Maroleng said, declining to comment on Holder.<\/p>\n MTN has been urged by Nigeria\u2019s communications minister to drop its lawsuit in order to foster a settlement.<\/p>\n \u201cIf they (MTN) withdraw, it creates a better environment, an environment where there is no stress or pressure on either side,\u201d said Adebayo Shittu.<\/p>\n MTN Group has hired former US attorney-general Eric Holder to assist in the company’s multi-billion dollar lawsuit in Nigeria.<\/p>\n","protected":false},"author":10,"featured_media":29355,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[25,28],"class_list":["post-111253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-active","tag-mtn"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/111253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=111253"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/111253\/revisions"}],"predecessor-version":[{"id":111261,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/111253\/revisions\/111261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/29355"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=111253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=111253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=111253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}More on MTN<\/h3>\n
MTN urged to drop legal action in Nigeria: report<\/a><\/strong><\/h3>\n","protected":false},"excerpt":{"rendered":"