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MTN Cameroon releases statement on CONAC Report

January 21, 2016 • Company News, Top Stories

MTN Cameroon

In a report written by the anti-corruption commission, known as CONAC, MTN and Orange were also accused of allegedly not paying taxes on their money transfer system, known as Mobile Money.

On the 21st of January 2016, it was revealed that MTN Cameroon had been fined USD $160 Million for allegedly failing to pay tax on games and gambling services.

In a report written by the anti-corruption commission, known as CONAC, MTN and Orange were also accused of allegedly not paying taxes on their money transfer system, known as Mobile Money.

MTN Cameroon has released an official statement on the matter, which can be viewed below:

MTN, a leader of the telecommunications sector in Cameroon, is cited amongst the companies indexed by a recent report of the National Anti-Corruption Commission, CONAC.

While waiting to receive a copy of the said CONAC report, the Management of MTN Cameroon wishes to reassure its stakeholders that MTN Cameroon IS NOT AND HAS NEVER BEEN implicated in corruption-related actions, in the exercise of its activities.

MTN Cameroon therefore affirms that its interactions with the Government of Cameroon and its representatives have always been transparent, and in conformity with the Laws of the Republic of Cameroon.

MTN Cameroon is a responsible investor and is up to date with regard to its fiscal obligations to the relevant authorities in Cameroon, in accordance with all applicable rules and regulations. Our company is one of the two biggest contributors to the State in terms of taxes and customs duties. Our corporate citizenship and responsible attitude have, on several occasions, earned public recognition, notably from the General Directorate of Customs.

MTN is proud of, and celebrates, its contribution to the development of Cameroon since February 2000, as well as its continuous support of communities through the work of the MTN Foundation.

Consequently, MTN Cameroon is committed to provide world-class services to the people of Cameroon, and avails itself to the Government to clarify, if need be, any points highlighted in the CONAC report.

Staff Writer



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