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Ex-MTN CEO Nhleko denies Turkcell allegations

Tuesday 3 April 2012 | 12:14 CET | News
Former MTN Group CEO Phuthuma Nhleko has denied allegations of unlawful and corrupt behaviour, saying no bribes were authorised under his watch to secure a mobile operating licence in Iran. Turkey's largest mobile operator has filed suit against MTN, seeking USD 4.2 billion in damages related to losing out to MTN for the licence to operate in Iran. In a suit filed in the US, Turkcell said MTN made improper payments to an Iranian and to a South African government official between 2004 and 2005 to enable the company to secure a licence in Iran. Nhleko, who stepped down as CEO in March 2011

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Categories: Mobile & Wireless
Companies: MTN / MTN Irancell / Turkcell
Countries: World
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