{"id":152585,"date":"2016-01-21T10:11:43","date_gmt":"2016-01-21T08:11:43","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=152585"},"modified":"2016-01-22T07:18:37","modified_gmt":"2016-01-22T05:18:37","slug":"mtn-hit-with-another-massive-fine","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/cellular\/152585-mtn-hit-with-another-massive-fine.html","title":{"rendered":"MTN may face another massive fine"},"content":{"rendered":"<p>MTN faces a potential bill of 52 billion CFA francs (R1.46 billion) in taxes and royalties from the national anti-corruption commission in Cameroon.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/us-cameroon-telecoms-fine-idUSKCN0UY2JO\" target=\"_blank\"><strong>Reuters reported that<\/strong><\/a> Cameroon\u2019s corruption board said Orange and MTN owe the country nearly 100 billion CFA francs in taxes.<\/p>\n<p>This followed an investigation by the commission, which uncovered large amounts of unpaid taxes.<\/p>\n<p>According to the report, \u201cMTN owed nearly 52 billion CFA francs in taxes and royalties\u201d.<\/p>\n<p>MTN said it was not aware of any fines in its Cameroon operation, but is looking into the issue.<\/p>\n<p>The fine comes amidst <strong><a href=\"http:\/\/mybroadband.co.za\/news\/business\/150615-mtn-in-nigerian-stand-off-over-r60-6-billion-fine-report.html\">an ongoing battle in Nigeria<\/a><\/strong>, where MTN is facing a \u20a6780-billion fine for not abiding by the country\u2019s SIM regulations.<\/p>\n<p>The Nigerian Communication Commission\u00a0<a href=\"http:\/\/mybroadband.co.za\/news\/cellular\/143701-mtn-slapped-with-r71-billion-fine-report.html\"><strong>fined MTN \u20a61.04-trillion<\/strong><\/a> (around R71 billion at the time) in October 2015 for not disconnecting unregistered SIMs on its network.<\/p>\n<p>After negotiations with Nigerian authorities, the fine was <a href=\"http:\/\/mybroadband.co.za\/news\/business\/148501-mtns-massive-fine-it-just-got-worse.html\"><strong>reduced by 25%<\/strong><\/a> to \u20a6780-billion.<\/p>\n<h3 class=\"my-4\">More on MTN<\/h3>\n<p><a href=\"http:\/\/mybroadband.co.za\/news\/business\/150539-mtns-r59-7-billion-nigerian-fine-deadline-contradiction.html\"><strong>MTN\u2019s R59.7 billion Nigerian fine deadline contradiction<\/strong><\/a><\/p>\n<p><a href=\"http:\/\/mybroadband.co.za\/news\/business\/150465-mtn-must-pay-r58-5-billion-fine-by-new-years-nigeria.html\"><strong>MTN must pay R58.5 billion fine by New Year\u2019s: Nigeria<\/strong><\/a><\/p>\n<p><a href=\"http:\/\/mybroadband.co.za\/news\/business\/150373-the-real-reason-for-nigerias-massive-r59-billion-fine-on-mtn.html\"><strong>The real reason for Nigeria\u2019s massive R59-billion fine on MTN<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MTN may be hit with a bill of 52 billion CFA francs for taxes and royalties in Cameroon, following an anti-corruption investigation.<\/p>\n","protected":false},"author":23,"featured_media":141928,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[19,14],"tags":[35,42,35067],"class_list":["post-152585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-cellular","tag-headline","tag-mtn","tag-mtn-cameroon"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/152585"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=152585"}],"version-history":[{"count":2,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/152585\/revisions"}],"predecessor-version":[{"id":152587,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/152585\/revisions\/152587"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/141928"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=152585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=152585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=152585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}