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Dino Melaye Opens Up On How MTN Defrauded Nigeria of Over $12bn

Farouk Mohammed
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Farouk Mohammed
Published: 2016/09/22
1 Min Read
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The Senate of the Federal Republic of Nigeria was on Thursday shocked when the Senator representing Kogi West, Senator Dino Melaye revealed that the frontline communication company in Nigeria, MTN Nigeria has been involved in gross money laundering.

Senator Melaye who made the disclosure under order 42 of the Senate rule was particularly pained, saying that at the crucial moment when the nation is facing economic challenges, all hands must be on deck to recover every loot in the country.

“We are in a precarious situation and now is the time to recover every stolen money in the country,” he said.

Speaking further, Senator Melaye revealed that, “between 2006 and 2016, the MTN Nigeria, in collaboration with 4 commercial banks and with the help of a serving Minister, has moved over $12bn out of this country”.

He also disclosed that if given the opportunity, he would move the substantive motion in the next legislative day, with concrete evidences.

Ruling on the point of order, the Senate President, Dr. Bukola Saraki granted Dino Melaye the privilege of moving the substantive motion during the senate plenary of Tuesday 27th September.

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Farouk Mohammed

Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.

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ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
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