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Nigerian court rejects govt bid to freeze MTN accounts

Thursday 14 January 2016 | 09:22 CET | News
Nigeria's Federal High Court in Lagos has declined to rule on a demand by the government to freeze MTN Nigeria's funds in the country. The application for an injunction was targeted at barring MTN from emptying its accounts in 21 commercial banks in the country, making it unable to pay the NGN 780 billion fine imposed on the mobile operator by the Nigerian Communications Commission (NCC) for its failure to deactivate unregistered subscribers. According to ThisDay, the Attorney General of the Federation and Minister of Justice, Abubakar Malami, who filed the application, expressed concern

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