logo

Nigerian court adjourns case between MTN and attorney general over $2 bln tax dispute

PUBLISHED: Wed, 26 Jun 2019 12:31:06 GMT

Share

LAGOS (Reuters) – A Nigerian judge on Wednesday adjourned until Oct. 29 a case to resolve a $2 billion tax dispute between telecoms company MTN Group and the country’s attorney general.

The attorney general demanded South Africa’s MTN pay the $2 billion in September. The company has said the tax payment demand is without merit, it does not owe the money and the attorney general exceeded his powers in making the request.

Reporting by Libby George and Alexis Akwagyiram; Writing by Paul Carsten; Editing by Toby Chopra


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.

RELATED