News Formal

MTN bribery matter will fade away if SA courts don’t hear it: EAC - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

MTN News

Business Business Latest News,Business Business Headlines

EAC lawyers say that if South African courts do not hear the MTN matter it will fade away.

The lawyers for Turkish-based East Asian Consortium , which contested for a public tender with network operator MTN, have told the Supreme Court of Appeal in Bloemfontein that if South African courts do not hear the matter it will fade away.

EAC is suing MTN for R74 billion for allegedly bribing Iranian officials to get a tender to run a mobile operator licence in that country. The consortium brought the lawsuit to South African courts in 2013 after its bid in the US failed on jurisdiction.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fintech, business sales boost MTN South AfricaMTN South Africa has delivered a reasonably good set of results for the six months to 30 June 2024.
Source: TechCentral - 🏆 8. / 71 Read more »