Court Adjourns MTN Case Over Tax Assessment To March 26
Telecom giant MTN has wriggled out of a litigation with Central Bank of Nigeria, CBN but it still has one more case to answer.
That is the case between it and the office of the Attorney General of the Federation, AGF which is suing the firm for not remitting up to $2 billion in import duties and withholding taxes.
On Thursday, the court adjourned the case and fixed March 26 to hear a preliminary objection to the suit by MTN Nigeria Communication Ltd, against the AGF.
The News Agency of Nigeria reports that MTN instituted the suit by a writ, dated September 10, 2018, challenging the legality of the AGF’s assessment of its import duties, withholding tax and value added tax in the sums of 242 billion naira and 1.3 billion dollars.
The plaintiff is seeking among other reliefs, a declaration that the AGF’s demand of the sums of 242 billion naira and 1.3 billion dollars from MTN, is premised on a process which is malicious, unreasonable and made on incorrect legal basis.
When the case was called on Thursday, Mr Damian Dodo (SAN), appeared for MTN, leading Messrs Tunde Fagbonhulu (SAN), Prof. Fabian Ajogwu (SAN) and Olabode Olanipekun (SAN).
Mr Terhemba Agbe, a Senior State Counsel from the Federal Ministry of Justice, announced appearances for the AGF.
Plaintiff’s counsel then informed the court that the matter was adjourned for mention, adding that plaintiff had filed all necessary papers and pleadings and is prepared to open its case.
Justice Aneke consequently fixed March 26 for hearing of the defendant’s preliminary objection.
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