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A hearing in the court case between MTN and Nigeria’s central bank in a dispute over the alleged transfer of $8.1 billion of funds by the telecoms firm, has been set for October 30, a lawyer for MTN said on Friday.
MTN has denied claims that it depleted Nigeria’s forex reserves, the South African telecoms group’s lawyer, Wole Olanipekun, told Reuters on Friday, after the central bank accused the company of moving $8.1 billion abroad in an ongoing row with the bank, which is battling to shore up its currency.
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