Nigeria conducted investigation on call of whistleblower into MTN $8.1 billion scandal

  • Country:
  • Nigeria

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 the 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.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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