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Cameroon Government Fines MTN $160 Million For Corruption Charges - Phones - Nairaland

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Cameroon Government Fines MTN $160 Million For Corruption Charges by 2sex(m): 12:56pm On Jan 26, 2016
The force is definitely not with MTN. Despite the fact they are still struggling to pay a negotiated fine of $3.9 billion slammed on them by the Nigerian Communication Commission (NCC) for failing to disconnect subscribers with unregistered SIM cards.

The Cameroonian governemnt fined MTN $160 million yesterday in a move that might demoralize them. The fine, which was incurred for failure to pay taxes on games and gambling services, was equally extended to other telecommunications firm, including Orange and other companies. This came off the heels of an investigation into the sector, leading to a total fine of $283 million, that included Camtel and Viettel which were also in violation of the regulations.

In the report written by CONAC, the Cameroonian anti corruption commission, MTN and Orange were also accused of not paying taxes on their money transfer system, known as Mobile Money.

The Nigerian Communication Commission (NCC) had in October 2015, issued a landmark fine of ₦1.04 trillion against MTN Nigeria, but MTN in counter moves initiated legal proceedings against the NCC.

With the fines hitting from back to back, these are definitely not good times for the giant telecommunications provider.

source: https://techpoint.ng/2016/01/21/mtn-cameroon-fine/

3 Likes 2 Shares

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Ravenna: 1:01pm On Jan 26, 2016
First Nigeria, now Cameroun. MTN is in it.

12 Likes

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by thorpido(m): 1:14pm On Jan 26, 2016
MTN don hear am.It's not the best of times for them.

10 Likes

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by BIGTinfotech: 1:23pm On Jan 26, 2016
Na who MTN come offend bayi?

Must be one potent curse from a subscriber(s).



Meanwhile
MTN to GLO: If it's our numerous subscribers you want, you can come and take them.

20 Likes

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by empire64: 1:23pm On Jan 26, 2016
Mtn have not seen anything yet

6 Likes

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Adatob(m): 1:23pm On Jan 26, 2016
The gods are really angry with 'empty hen'
Tbh,those guys are fraud o buh make dem pity dem na

2 Likes 1 Share

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by SmartMugu: 1:23pm On Jan 26, 2016
How come MTN is so stubborn? They are always accused of doing what they're not supposed to be doing, or not doing what they should be doing. Their executives need to be checked if their brains are upside down.
I see their stock prices falling again over this.

5 Likes

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by MonitorinSpirit(m): 1:24pm On Jan 26, 2016
MTN problem is coming from the village, no doubt. Their matter is being discussed by some forces

34 Likes 3 Shares

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Dollarchap(m): 1:24pm On Jan 26, 2016
Governments at all levels are looking for ways of generating money. I think they just discover a new way to boosting their internally generated funds. Doing business is now a matter of "comply or face the music". MTN share price must have suffered a great loss. I feel for them. I hope this will not lead to mass retrenchment.

3 Likes

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Nobody: 1:24pm On Jan 26, 2016
MTN have suffered,whom em offend this time.
Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by ril19(m): 1:25pm On Jan 26, 2016
Ehen.....DEM DON NACK EMPTY HEN ANOTHER AKPAKO! gringringrin

3 Likes

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Matttthew(m): 1:25pm On Jan 26, 2016
Lol
Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by dhamstar(m): 1:25pm On Jan 26, 2016
MTN is in soup
Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by MissSlimbody(f): 1:25pm On Jan 26, 2016
The gods are angry with emptyhen o.

1 Like

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Stanbeto: 1:26pm On Jan 26, 2016
MTN saping Africa Since 1960

3 Likes 2 Shares

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Matttthew(m): 1:26pm On Jan 26, 2016
We lead and others follows! cheesy
Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by wilybebsy(m): 1:26pm On Jan 26, 2016
This kind fine wey dem just dey slam MTN upandan bad o.. MTN go shishoshin
Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by robosky02(m): 1:26pm On Jan 26, 2016
kai africa wants to kill MTN
Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Matttthew(m): 1:27pm On Jan 26, 2016
Mtn don turn Dasuki.....


Always giving

1 Share

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by slap1(m): 1:27pm On Jan 26, 2016
Their subscribers will help pay the money. Since they were fined in Nigeria, my data has been running faster than normal. I have stopped using them to browse for now.

1 Like

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by smoby(m): 1:27pm On Jan 26, 2016
MTN this is what happen when you allow Thr witches and wizards in ur village to make call for as low as 5kobo per mins In Day time
and call for midnight free ........grin

3 Likes

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by delightf(f): 1:27pm On Jan 26, 2016
God pls help mtn tele
Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Daniel058(m): 1:28pm On Jan 26, 2016
Na wah oo... So MTN is really what Nigerians think they are...


Now the MTN Oga at the top there go dey think on how to reign
Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by flokii: 1:28pm On Jan 26, 2016
omo na to break my mtn sim now o..

i can't start paying mugu money.. cos they sure won't come out of this anytime soon
Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by kelvstenz: 1:29pm On Jan 26, 2016
Na wa.. I see mtn network soon to close down.
Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Matttthew(m): 1:29pm On Jan 26, 2016
Huh
Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by seunny4lif(m): 1:29pm On Jan 26, 2016
More Eine pls grin
Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Tonyosas101(m): 1:30pm On Jan 26, 2016
Why MTN nah...after all cha....I still love MTN

Hope MTN gets out of all these mess

1 Like

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by jtizie(m): 1:30pm On Jan 26, 2016
Mtn is too fraudulent. Their service is bad yet they shortchange u. Africans are wakening up 2 dis trend and soon many of this fraudulent companies might run from african. Let us keep d fight we shall soon win it. Corruption killed africa now is d time to kill d monster called corruption

3 Likes

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Fesomu(m): 1:32pm On Jan 26, 2016
Nawa o. PMB body odour don sensitize cameroon government

1 Like

Re: Cameroon Government Fines MTN $160 Million For Corruption Charges by Whizkeey(m): 1:32pm On Jan 26, 2016
H

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