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MTN Hires Top U S Attorney to Challenge $3.9bn Fine

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MTN Group has hired a top United States Attorney, Eric Holder to help challenge the $3.9 billion fine imposed by Nigerian Communications Commission (NCC) for failing to disconnect unregistered users.

Eric Holder served as the 82nd Attorney General of the United States, from 2009 to 2015. Holder, serving in the administration of President Barack Obama, is the first African American to hold the position of U.S. Attorney General.

Financial Times reported that Holder pleaded with the Nigerian authorities last month on behalf of MTN.

MTN was initially handed a $5.2 billion penalty in October, prompting weeks of lobbying that led to a 25 percent reduction to $3.9 billion.

A judge in Lagos had last month gave MTN until March 18 to reach a settlement on the fine.

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