Not minding the court action instituted by the telecommunications giant, MTN, against the N1.4trn fine which was later reduced to N780 billion, the Federal Government of Nigeria (FGN), has insisted that the telecommunications firm stands to face another fine if it refuses to comply with the December deadline given to pay the fine.Making the FG’s position known while reacting to the suit filed by MTN at a Federal High Court sitting in Ikoyi, Lagos, Communications Minister, Adebayo Shittu, who admitted that the telecommunications company is entitled to seek legal interpretation where it feels unsatisfied, noted that there was no going back on the imposition of the said fine, just as he added that the FG will not hesitate in imposing additional fine on MTN at the expiration of the deadline.Shittu said, “It is the right of MTN to approach the court, but 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 billion and the subsequent December 31, 2015 deadline to pay.“If it has decided to go to court, it is still within the ambit of the law. I will not intervene, since they have gone to court, we will allow the court to decide if it is right for MTN to commit those infractions and breach the laws of the land.“It is unwise for MTN to go to court after the Federal Government had magnanimously reduced the fine. It will surely be fined for violating the rule at the expiration of the deadline, should it fail to pay the initial fine.”
Discover more from NewsBreakers
Subscribe to get the latest posts sent to your email.
What's your reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0