‘N1.4trn fine: MTN in moves to change Nigerian management team’ - vanguard' .

According to a report, Senior executives at the company, who are in Nigeria to meet with the regulator to discuss the fine, will decide on whether to make changes to senior management, which is headed by local Chief Executive Officer Michael Ikpoki.

This may not be unconnected with the $5.2 billion to the telecom operator by the country’s telecommunications regulator for failing to disconnect customers with unregistered SIM cards, according to a person familiar with the matter.

Meanwhile, Ikpoki and MTN’s main spokesman at its head office in Johannesburg, who were called to confirm the development, declined to comment on the matter, but the spokeswoman for MTN Nigeria, Chineze Gbenga-Oluwatoye, was quoted as saying, ‘‘We know of no such thing.

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