FG calls MTN’s bluff, says pay the fine by Dec 31 or get another fine!

Yesterday, the FG said it would neither be cowed nor threatened by MTN’s court action against the N1.4trn fine which was later reduced to N780 bn, insisting that MTN risks another fine if it fails to pay on

deadline.

Minister of Communications, Mr Adebayo Shittu, made the statement yesterday in reaction to the suit instituted by MTN at a Lagos High Court.

Shittu admitted that MTN had the right to seek court’s interpretation if it feels unsatisfied with the action of the regulator but made it clear that nothing would stop the government from imposing additional fine on the operator, at the expiration of the deadline. .

He said there was an infraction, which MTN admitted to have committed before it pleaded for leniency that led to the reduction of the fine from N1.4 trillion to N780 bn and the subsequent December 31, 2015 deadline to pay……. he was like “we gonna funk u up,” in Dbanj’s voice…..