Guinean government seizes MTN assets
Public PolicyGuinean government seizes MTN assetsGuinean government seizes MTN assets
The Guinean government has seized all assets of MTN subsidiary Areeba. Under the terms of a decree signed by state president Alpha Conde and released to Reuters, the government has requisitioned personnel, equipment, infrastructure and facilities in a row over the payment of €15m in fees. The payment relates to MTN’s acquisition of local operator Areeba in 2007.