MTN Nigeria sets the record straight

SAfm — According to MTN, the Nigerian Attorney General's office exceeded its powers when it demanded the cellphone network giant pay about $2bn (R30.2bn at current exchange rates) in back taxes. MTN Group has been rocked twice in the past two weeks in its biggest market, with the central bank and the attorney general accusing it of illegally repatriating funds and failing to pay the back taxes, making combined claims of $10bn (about R151bn at current exchange rates). MTN denies the allegations and is seeking a court order to halt the process. One of the people who have been following this story is Adetunji Omotola who is an Africa Analyst.