MTN Must Pay Its Fine – FG Insists

The Federal Government is insisting that telecommunications provider, MTN must pay its N1.04 trillion fine over non-disconnection of improperly registered subscribers before any out of court settlement can be reached. This was made known by the Minister of Communications Technology, Adebayo Shittu, while addressing newsmen in Lagos yesterday said the MTN violated extant laws, accepted responsibility and also wrote a letter of apology promising to be a responsible corporate citizen. He expressed shock that the telco turned back to go to court after government had listened to its plea and reduced the fine. According to him, “MTN begged for a revision of the sanction which Mr President graciously acceded to, but the telco turned around to say it had no money to pay.