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Nairaland Forum / Nairaland / General / Business / Abubakar Malami Revokes MTN's $2 Billion Tax Case (19887 Views)
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Abubakar Malami Revokes MTN's $2 Billion Tax Case by Blue3k2: 10:23pm On Jan 10, 2020 |
(Adds attorney general statement, paragraph 4)https://af.reuters.com/article/nigeriaNews/idAFL8N29F3QA 2 Likes 1 Share
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Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by Racoon(m): 10:28pm On Jan 10, 2020 |
Government of back and forth, policy somersault.See where the gragra landed us.MTN still wins. 26 Likes 2 Shares |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by Blue3k2: 10:29pm On Jan 10, 2020 |
In a letter filed with the Nigerian Stock Exchange, MTN said the government had decided to drop its case and refer the issue to tax and customs authorities "with a view to resolving contentious issues". Weird I guess the FG didnt feel they could win case. Maybe they just settle for a few million. If that happens its a win for everyone. Why bother with the suit if they could just refer it tax and customs to begin with? 5 Likes |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by GamalNasser: 10:29pm On Jan 10, 2020 |
Buhari shortsighted fight against MTN made Nigeria the overall loser without MTN losing anything . See below what this short sightedness cost Nigeria . We lost the Nigerian CEOship of MTN Nigeria and many other senior posts . 1 .100s of Local SMEs MTN patronised lost patronage and billions of Naira in revenue 2 We lost Project fame that helped move a lot of Nigerians to fame. E.g Inyanya , praise . 3 We lost the sponsorship of Who wants to be a millionaire which supported a lot of small Nigerian businesses from studio owners to make up artist and even Frank Edoho has been broke and unemployed since then . 4 Our Financial system lost over 20 billion dollars in capital flight as MTN and Etisalat moved out their capital overnight to save it from Buhari threats . 5 Caused us a loss of FDI said to be in range of about 15 billion dollars as no investor felt Nigeria was a safe investment again to invest as a result of what happened to Mtn 6 MTN subscribers in Nigeria were forced to pay for the 300 million dollars Buhari Govt finally milked them of. Buhari is very shortsighted in all his approach to governance and can only make things worse with his style of leadership .. 113 Likes 13 Shares |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by thundafire: 11:06pm On Jan 10, 2020 |
Abba kyari,Cabals have started again money dn locate oversea bank account Nigeria will not change 5 Likes 1 Share |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by nairalee(m): 6:53am On Jan 11, 2020 |
These people are totally useless. They will never encourage Nigerian investments like Innoson etc. But will always let foreign companies exploit Nigerians like DSTV, MTN etc. I'm still wondering what offence I committed in heaven to be punished by being assigned to Nigeria. 16 Likes 1 Share |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by MANNABBQGRILLS: 6:53am On Jan 11, 2020 |
In 2015, the communications regulator handed MTN a $5.2 billion fine reut.rs/36IFw61 for failing to disconnect unregistered SIM cards. MTN eventually reached a deal in which the fine was cut to $1 billion. MTN has the money to pay now. They make the largest profit in our country. And it is not as if their service is top notch. WHY the revoke?! 2 Likes 3 Shares |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by Roadtoyesterday: 6:54am On Jan 11, 2020 |
Someone has been paid in dollars 15 Likes |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by valentineuwakwe(m): 6:54am On Jan 11, 2020 |
Only God knows what is happening. .and I pity the office Abubakar Malami, a time will come when he will account for all his dealings 10 Likes 2 Shares |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by Jalinspy(f): 6:55am On Jan 11, 2020 |
Why start the case first? Maybe money has exchanged hands ![]() ![]() ![]() 3 Likes |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by Roadtoyesterday: 6:56am On Jan 11, 2020 |
post=85693287: And they still have the money too |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by wonuks(m): 6:57am On Jan 11, 2020 |
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Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by MANNABBQGRILLS: 6:58am On Jan 11, 2020 |
Roadtoyesterday:True that. 1 Like 2 Shares |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by tempest01(m): 6:58am On Jan 11, 2020 |
This Attorney General needs to be investigated. He features in corruption cases . Maina, Abacha loot etc In my opinion after the cabal, he is the most corrupt official of this present government. Hope all the loot and shares are recovered one day. 9 Likes |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by IamPatriotic(m): 6:58am On Jan 11, 2020 |
Kyari's hand and Malami's voice. It has been in the news for for than 2 years that MTN have "settled" our "Prime Minister" Abba Baba and the case would be withdrawn from Court at the appropriate time. 9 Likes |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by Blitzerz: 6:59am On Jan 11, 2020 |
Bribe has exchanged hands 2 Likes |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by ETWs: 7:00am On Jan 11, 2020 |
post=85693287:[/s] 3 Likes |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by MrSix: 7:02am On Jan 11, 2020 |
Errmmm ![]() Need a US used laptop? Check my signature and chat me up if you're in Lagos or Abuja. Note: it's pay on delivery plus delivery is free. |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by ursullalinda(f): 7:03am On Jan 11, 2020 |
Confused government, why start what you can't finish. |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by drlaykay(m): 7:03am On Jan 11, 2020 |
GamalNasser:but this whole thing started during Jonathan's government 5 Likes |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by wiseone28: 7:03am On Jan 11, 2020 |
Why ![]() Now there will be no money to fund the budget |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by Ustec: 7:04am On Jan 11, 2020 |
And where is the free data to show appreciation. |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by Roon9(m): 7:06am On Jan 11, 2020 |
Lol |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by solsticey2k3(m): 7:10am On Jan 11, 2020 |
Nigeria! We are too accommodating for our own good ![]() 1 Like |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by rummmy: 7:13am On Jan 11, 2020 |
drlaykay:blaming Gej as usual 13 Likes |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by funmike83(f): 7:14am On Jan 11, 2020 |
Hmm, i knew this would be dropped. After promising them free credit and data for life. They quick to freeze hustlers corporate acct but cant do anything to all the multinationals. 2 Likes |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by dollarsplenty(m): 7:14am On Jan 11, 2020 |
Was it not on this case that a whopping #500m was paid to the cabal by Mtn in 2017? This is long overdue. |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by valarmorghulis: 7:16am On Jan 11, 2020 |
rummmy:But u can't blame Buhari alone 3 Likes |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by drlaykay(m): 7:18am On Jan 11, 2020 |
rummmy:I believe u don't understand what I was driving at. |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by soberdrunk(m): 7:20am On Jan 11, 2020 |
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Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by tstx(m): 7:22am On Jan 11, 2020 |
Habw |
Re: Abubakar Malami Revokes MTN's $2 Billion Tax Case by LordGuru1: 7:23am On Jan 11, 2020 |
Nigerians should unite beyond tribalism and take over MTN. See: https://www.nairaland.com/5623854/evidences-justified-trumps-action-against 2 Likes |
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