N13bn Scam: MTN responds to Dino Melaye’s claims


Telecommunications company, MTN Nigeria, has denied the accusations levelled against it by a Kogi state senator, Dino Melaye, who said on Tuesday that it illegally repatriated $13.92 billion out of Nigeria over a period of 10 years.

While moving a motion on the senate floor, Melaye said that in carrying out the purported illegality, MTN conspired with four bankc – Stanbic IBTC, Standard Chartered, Citi Bank and Diamond bank – as well as some “unpatriotic” Nigerians including the minister of industry, trade and investment, Okechukwu Enelamah.

In a terse reaction on Wednesday, Ferdi Moolman, the CEO of MTN Nigeria, said “The allegations made against MTN are completely unfounded and without any merit.”

Only recently, a newspaper also accused MTN Nigeria of paying a N500 million bribe to a top official in the Nigerian presidency in order to reduce the fine slammed on it by the Nigeria Communications Commission (NCC). The fine was subsequently reduced from N1.04 trillion to N330 billion.

The company also denied that allegation.


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