MTN hires 15 lawyers to challenge CBN’s $8.1bn demand

October 31, 2018 by Don Saint 0 Comments

The Federal High Court in Lagos has fixed December 4, 2018 for hearing in the suit filed by MTN Nigeria Communications Limited to challenge the $8,134,312,397.63 being demanded from the telecom firm by the Central Bank of Nigeria over alleged foreign exchange remittance infractions.

At Tuesday proceedings in the case, MTN was represented by Chief Wole Olanipekun (SAN), who led 14 other lawyers, including Prof. Fabian Ajogwu (SAN), Mr Damian Dodo (SAN), Mr Adeniyi Adegbonmire (SAN) and Mr Bode Olanipekun (SAN).

On the CBN legal team were Messrs Seyi Sowemimo (SAN) and Ademola Akerele (SAN).

The Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami (SAN), who was joined as the 2nd defendant in the suit, was absent and was not represented in court.

While adjourning the suit till December 4 for the hearing of all pending applications, Justice Saliu Saidu directed that hearing notice should be served on the AGF.

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About Don Saint

PR Guru / Author / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Human Rights Activist. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. For more info. Call : 08033239298.

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