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Name | Symbol | Market | Type |
---|---|---|---|
MTN Group Ltd (PK) | USOTC:MTNOY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.041 | 0.69% | 5.995 | 5.97 | 6.02 | 6.02 | 5.995 | 6.02 | 27,941 | 18:11:08 |
By Sabela Ojea
MTN Group Ltd. (MTN.JO) said Monday that it is consulting its advisers regarding a complaint regarding a violation of the Anti-terrorism Act that was filled against it in the U.S. District Court for the District of Columbia on behalf of the American service members and civilians who were killed or wounded in Afghanistan between 2009 and 2017.
The South African telecommunications company said the complaint, filled on Dec. 27, alleged that several western businesses supported the Taliban by, among other things, making payments to ensure the protection of their infrastructure.
Six different groups have been reported, and MTN as a group and certain subsidiaries, including MTN Afghanistan, are among the accused companies.
The company said it remains of the view that it conducts its business in a responsible and compliant manner in all its territories and so intends to defend its position where necessary.
Write to sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
December 30, 2019 04:44 ET (09:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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