Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,201,689 members, 7,979,323 topics. Date: Saturday, 19 October 2024 at 06:23 AM |
Nairaland Forum / Nairaland / General / Business / MTN Drags NCC To Court Over 1.04 Trillion Naira Fine (533 Views)
World's Richest Became ₦360 Trillion Richer In 2017(Photos) / What 1 Trillion Naira Looks Like? Photo / A Cry to Ncc to Please Stop Phone Checking of Bvn. My Personal Opinion (2) (3) (4)
(1) (Reply)
MTN Drags NCC To Court Over 1.04 Trillion Naira Fine by kingsamm(m): 2:30am On Dec 24, 2015 |
Months ago, NCC imposed a huge $5.2 billion fine on MTN for failing to disconnect 5.1 million unregistered SIMs. The fine was later cut down by 25% to $3.9 billion and a deadline of 31st of December was set for the payment of the imposed fine. However, the South Africa-based Telecom giant has filed a lawsuit challenging the fine imposed the NCC saying they want the court to dismiss the outrageous fine. Naijatechs.com In its defense, MTN has a team of elite lawyers which includes - Dr. Gbolahan Elias, A.B Mahmoud, Chief Wole Olanipekun, Tanimola Molajo, Oladipo Okpeseyi, Dr. Oladapo Olanipekun, Prof. Fabian Ajogwu - All of whom are all Senior Advocates (SAN). Also named as a defendant in the case is the Attorney General Of The Federation (AGF) and Minister Of Justice. MTN believes that since the NCC is just a regulatory body, it can't assume the powers of the state, especially since it made the regulation, laid down the penalty and also imposed the fined which is to be paid to the commission and NOT the Federal Government. The company also stated that a deadline of seven days to disconnect over 5.2 million Sim cards was inadequate and impossible to do. Finally, the company accused the NCC of acting as the legislator, Executor, prosecutor, Accuser, Judge and Beneficiary of the fine imposed on it. It also stated that the fine of N200,000 for each Sim that wasn't disconnected was simply outrageous and excessive. Source - Naijatechs.com |
Re: MTN Drags NCC To Court Over 1.04 Trillion Naira Fine by GamaG(m): 3:52am On Dec 24, 2015 |
They should pay that money with immediate effect or pack out of this country. They think they are wise, they never see anything yet. money mongers n thieves. 1 Like |
(1) (Reply)
Should Churches And Mosques Be Paying Taxes To The Government? / AMCON Takes Over Aerocontractors. / Learn Autocad,revit And Achicad Here!!!
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9 |