The Nigerian Senate resolved on Tuesday to investigate the
allegation that MTN, Africa's biggest telecoms company, illegally transferred
the money out of the country.
The resolution followed a motion moved by Sen. Dino Melaye
(APC-Kogi) who relied on a point of order to make the allegations.
Melaye had fingered Nigeria's minister for trade and
investment Okechukwu Enelamah as one of the conduits for the illegal transfer
that was carried out in 2008.
But MTN insisted that it has done nothing wrong.
"The allegations made against MTN are completely
unfounded and without any merit," MTN Nigeria chief executive Ferdi Moolman
said in brief statement on Wednesday.
The allegation threatens to raise tensions between Nigeria
and MTN just three months after the South African firm agreed to pay a reduced
fine of 330 billion naira in a settlement with Abuja over unregistered SIM
cards.
MTN is the largest mobile phone operator in Nigeria, which
accounts for around one third of the company's revenues. The company had
threatened to pull out of Nigeria during the dispute over unregistered SIM
cards.
Source: The Guardian
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