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Wireless

MTN Nigeria to forfeit NGN 8 bln over unlawful activity

Tuesday 10 January 2017 | 08:10 CET | News
The Federal High Court in Lagos has ordered the temporary forfeiture of the sum of NGN 8 billion allegedly belonging to MTN Nigeria to the government, ThisDay reported. Justice Abdulaziz Anka ordered that the sum, suspected to be proceeds of unlawful activity, which are stashed in account number 0012005379 at Ecobank, be temporarily forfeit following an ex-parte application to that effect filed before the court by the federal government.

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Categories: Mobile & Wireless
Companies: MTN Nigeria
Countries: Nigeria
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