Court rejects AGF’s preliminary objection to MTN’s N3b suit | The Guardian Nigeria News - Nigeria and World News

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Court rejects the notice of preliminary objection filed by Attorney-General of the Federation, Abubakar Malami (SAN), in the N3 billion suit filed against him by teleco giant, MTN Nigeria Communications Limited.

MTN took legal action after receiving a demand notice from the AGF alleging unpaid duties and taxes between 2007 and 2017.The telecoms’ firm challenged the AGF’s authority to deal with issues around tax and Custom duties, which it said, should be the responsibility of the Federal Inland Revenue Service and Nigeria Customs Service .

Lead counsel to MTN, Chief Wole Olanipekun , had urged the judge to dismiss the AGF’s objection for being frivolous. Ruling on the issue, the court held that the simple calculation from when the AGF wrote final letter in August and September 2018, it cannot said that MTN filed the suit outside the three months prescribed by law.

The MTN Chief Executive Officer , Ferdi Moolman, said: “I am excited we have achieved another milestone in our listing process and want to thank the SEC and the Corporate Affairs Commission for supporting us through the process. We have now begun to engage with the Nigerian Stock Exchange to complete the listing process.”

 

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