MTN fine- Senate summons AG, CBN governor, Accountant General

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MTN fine- Senate summons AG, CBN governor, Accountant General

The Senate has summoned the Accountant General of the Federation, the Central Bank governor and the Attorney General over the alleged manner MTN’s N1.04 trillion fine was reduced to N330 billion.

It has described the reduction as
‘short changing’ the country.

The fine which was imposed on the operator by the Nigerian Communications Commission, NCC, last October, was for alleged operational misconducts.

The reduction which is the second after the Commission earlier reduced the fine by 25 percent N780 billion also drew the anger of the House of Representatives committee on communications, which regretted that the decision was made without allowing the committee to conclude investigations on the case.

It would be recalled that the House in reaction also summoned the officials to explain the rationale behind the reduction which has not gone down well with most Nigerians.

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