Home BUSINESS MTN Rwanda Fined $8.5m for ‘Regulatory Breach’

MTN Rwanda Fined $8.5m for ‘Regulatory Breach’

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MTN Fraud

The Rwanda Utilities Regulatory Authority (Rura) has fined MTN Rwanda $8.5m for hosting breach of contract.

According to a statement on Rura website, MTN offered its IT services in Uganda.

PART OF RURA STATEMENT

The Rwanda Utilities Regulatory Authority (RURA) announces administrative sanctions imposed on MTN Rwanda Ltd for non-compliance with its license obligations.

MTN Rwanda Ltd provided services in contravention of Enforcement Notice and Directives issued by the Regulator against hosting its IT services outside the country.

By doing so, MTN Rwanda breached its license obligation requiring it to comply with all applicable laws, regulations and any other regulatory instruments issued by the competent authority.

On 4th May 2017, the Regulatory Board of RURA conducted a hearing session in which MTN Rwanda Ltd was informed on the breach of its license obligations and given the opportunity to be heard, whereby MTN Rwanda Ltd admitted the above mentioned breach.

In accordance with the applicable laws, the Regulatory Board of RURA decided to impose on MTN Rwanda Ltd administrative fine of seven billion thirty million Rwanda Francs (7,030,000,000).

MTN RESPONDS

“MTN has been engaging with the regulator on this matter over the past four months. MTN Rwanda is currently studying the official notification and will continue to engage with the regulator on this matter.”

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