| SENS Note - 28 September 2016 |
| MTN - allegations againts MTN Nigeria |
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MTN’s attention has been drawn to various media reports containing allegations of improper repatriation of money out of Nigeria by MTN Nigeria Communications Ltd. (“MTNN“). The reports refer to allegations made on the floor of the Senate that MTNN had illegally repatriated USD13.92 billion out of Nigeria over a period of 10 years in collusion with a number of commercial banks. |
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