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Monday 9 November 2015
BREAKING NEWS: MTN CEO Resigns Over $5.2 Billion Nigeria Fine
The embattled telecommunication network, MTN announced on Monday that its CEO Sifiso Dabengwa has resigned.
The Group CEO of MTN, Sifiso Dabengwa, resigned over the recent $5.4billion fine by Nigerian Communication Commission for failing to cut off customers with unregistered SIM cards.
The telecoms company said in a statement today that Dabengwa will resign immediately and will be replaced by non-executive chairman Phuthuma Nhleko as the company continues to dialogue with the Nigerian government over the fine.
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To resign is better for him than to cooperate with Nigeria abi?
ReplyDeleteAM BACK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!