MTN complied with Nigeria’s law

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Lagos – MTN complied with Nigerian fund transfer rules and did not send money

out of the country until it obtained regulatory approvals, the South African

telecoms company said on Friday, denying allegations that it illegally

repatriated $14 billion.

MTN requested "certificates of capital importation (CCI)" for capital

brought into Nigeria and dividends were repatriated based […]

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