Wednesday, 3 February 2016

MTN 'hires top US lawyer' to challenge Nigeria fine

Eric Holder
Mr Holder is now with a private law firm

Mobile phone giant MTN has hired former US attorney-general Eric Holder to help it challenge a $3.9bn (£2.7bn) fine imposed on it by Nigeria for failing to disconnect unregistered users, the UK-based Financial Times newspaper is reporting. 
Last month, Nigeria's telecommunications regulator was quoted as saying that the South African-owned firm was seeking an "amicable" out-of-court settlement over the fine. 
The government says it is concerned unregistered Sim cards are being used by criminal gangs. The fine had originally been $5.2bn but was reduced to $3.9bn.    
Mr Holder led the US Justice Department from 2009 to 2015, before returning to law firm Covington & Burling. 

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