In a statement by MTN Nigeria CEO, Ferdi Moolman, the telecoms giant said the allegations were unfounded. The statement said:
“MTN’s attention has been drawn to various media reports containing allegations of improper repatriation of money out of Nigeria by the company, but dispels the allegation as untrue.
“The reports refer to allegations made on the floor of the Senate that MTN had illegally repatriated $13.92 billion out of Nigeria over a period of 10 years in collusion with a number of commercial banks. The allegations are completely unfounded and without any merit.”
Senator Dino Melaye had, on September 22, accused MTN Nigeria of money laundering and repatriation of $13.92 billion out of Nigeria.
Melaye also alleged that the company committed the crime in the last 10 years in connivance with four commercial banks and a serving minister.
Speaking under Order 42 of the senate, the lawmaker said that at this time of economic recession, it was imperative that all hands must be on deck to recover looted funds.
EmoticonEmoticon