Bestinver case in Cameroon: MTN contests the seizure of its bank accounts : Orishas-finance

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Bestinver case in Cameroon: MTN contests the seizure of its bank accounts

19/06/2023

Categories: Companies

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Bestinver case in Cameroon: MTN contests the seizure of its bank accounts

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Cameroonian courts seized MTN Cameroon's bank accounts in September 2022. Considering the measure to be abusive, fraudulent and unacceptable, the telecom operator strongly

contested.

In a press release published on Wednesday 14 June, the telecommunications company MTN Cameroon, a subsidiary of the South African multinational MTN Group, complained that it was bearing the brunt of a dispute in which it played no role. The mobile telephone operator believes that its activities are threatened by the seizure of its bank accounts, in the context of the “Bestinver case”. It considers the measure to be abusive, fraudulent and unacceptable

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