• MTN Scandals: Standard Chartered Bank reacts to alleged involvement in repatriation of funds

    MTN Scandals: Standard Chartered Bank reacts to alleged involvement in repatriation of funds

    Standard Chartered Bank on Wednesday assured that it will fully cooperate with all law enforcement agencies and comply with all laws and regulations as probe into the alleged illegal repatriation of funds by MTN begins.

    Recall that Nigeria Senate on Tuesday directed its Committee on Banking, Insurance and Other Financial Institutions to investigate the alleged illegal repatriation of $13.9 billion by MTN through its bankers between 2006 and 2016 to its home country, South Africa.

    The federal upper legislature indicted the Minister […]