MTN:  8,686   +1 (+0.01%)  21/02/2019 00:00

Nigeria says whistleblower triggered MTN $8.1 bln probe -official

ABUJA, Sept 4 (Reuters) - The office of Nigeria's attorney general said on Tuesday that a whistleblower prompted an investigation into alleged MTN infractions that last week led to a demand for $8.1 billion taken out of Nigeria to be brought back.

Ladidi Mohammed, head of asset recovery, told Reuters in a phone interview that an investigation was then carried out by the central bank.

The South African telecoms giant in a statement issued on Tuesday said all dividend repatriation out of Nigeria was done on the basis of equity capital and with valid certificates. (Reporting by Alexis Akwagyiram and Chijioke Ohuocha; Editing by Louise Heavens)

First Published: 2018-09-04 14:46:30
Updated 2018-09-04 15:15:57

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