• Without prejudice

    We all need to fight the ugly bigotry that’s made news recently, says Mandi Smallhorne.

  • Inside Labour

    The Davos extravaganza is slick PR and no UN-style institution, says Terry Bell.

  • 2015 Gadget preview

    Arthur Goldstuck presents gadgets to connect 2015 to the past and future.

Loading...
See More

Tax charges: MTN takes action

Nov 23 2012 09:32 Reuters

Interpol has been instructed by a Ugandan court to serve criminal summons against current and former MTN executives relating to one of the East African country’s largest tax evasion cases.

Company Data

MTN GROUP LIMITED [JSE:MTN]

Last traded 0
Change 4,52
% Change 0
Cumulative volume 4396835
Market cap 385.31bn

Last Updated: 26-01-2015 at 04:26. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

MTN execs summoned over tax charges

Panic at MTN over US treasury sanctions

US delays ruling on MTN $4.2bn Iran suit

MTN confirms Turkcell suit on hold

SA's top employers unveiled

Court hears graft claims against MTN

 
Johannesburg -  Telecoms group MTN [JSe:MTN] has lodged a complaint with the Uganda judicial service against one of the east African country's chief magistrates, after MTN's senior executives were summoned to face tax fraud charges.

MTN accuses the magistrate of unprofessional conduct after MTN Group CEO Sifiso Dabengwa and 12 officials including the chairperson and CEO of MTN Uganda were summoned to court on December 12 to face charges of tax evasion, conspiracy to make false customs declarations and conspiracy to evade taxes.

MTN said it had not been aware of the summons and heard of them through media reports.  

"A perusal of the summons shows that, although the order to issue them was made on November 19 2012, they were dated November 7 2012," which was also a day after the magistrate who issued them transferred the case to the director of public prosecutions, the company said in a statement on Thursday.

"There was no charge sheet on the record nor was there a record of proceedings before (the magistrate) between November 6, when she pronounced her ruling in an open court with counsel for all parties present, and November 19, when the order was supposedly issued."

The company has previously denied the charges and says they were initiated by a former employee who himself is accused of defrauding MTN of millions of dollars.

MTN has sued the employee for embezzlement. He had initiated the case against MTN as a private prosecution last month but a court ruled on November 6 the public prosecutor should take it over.

The magistrate's court was not immediately available to comment.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

mtn  |  tax fraud

NEXT ON FIN24X

 

Latest Articles

15 Investment Tips for 2015 Read More...
Tax-free saving accounts are coming Read More...
Which generator is right for you? Read More...
5 top tips to help you save on your next grocery bill Read More...
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...