Lawyers to receive N500M in MTN’s N330Bn fine

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Broadband, Digitalisation, Public sector, Muhammeddu Buhari, Adebayo Shittu, MTN
President Mohammedu Buhari

 

The team of lawyers who participated in compelling MTN to pay the N330 billion fine slammed on it in 2015 by the Nigerian Communications Commission for SIM registration breaches will be paid a whopping N500 million fee.

The Minister of Justice and Attoney General of the Federation, Abubakar Malami disclosed this, stressing that the N500 million is a fair deal to the lawyers and is less than one percent of the total fine, which MTN agreed to pay.

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“The Federal Government has  sanctioned the payment of N500 million for the N330 billion agreed to be paid by MTN for the lawyers it engaged,” he revealed.

He said Nigeria engaged the services of the lawyers to put up a defense on its behalf in a suit instituted by MTN, seeking to refrain the federal government from getting the over N1 trillion imposed on it.

In 2015, MTN Nigeria was originally fined $5.2bn for failing to deactivate more than five million unregistered SIM cards, but the fine was reduced to N330 billion, after some intervention from the South African government.

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