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archiveOctober 24, 2016

IT & TELECOMSOTHER BUSINESSESTOP STORY

MTN suspends Nigeria dividend payout amid allegation of illegal fund transfer

South African mobile phone operator MTN Group has suspended dividend payouts from its Nigerian unit, it said on Monday, amid allegations that it illegally moved $14 billion out of the country. "MTN Nigeria continues to refute the allegations that MTN Nigeria had improperly repatriated funds from Nigeria," it said in...
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