MTN Nigeria is a fraudulent enterprise. it has broken all the known laws, defrauded citizens using Nigerian collaborators who are listed as A list shareholders such as Gbenga Oyebode, Pascal Dozie, Sani Mohammed Bello, Babatunde Folawiyo, Victor Odili, and Ahmed Dasuki.
Between May 16, 2019, when MTN listed on the Stock Exchange to Friday, May 24, 2019, the MTN gangsters who are called A list shareholders through fraudulent share manipulation pocketed $7.8billion with the connivance of top echelon of the NSE.
The fraud involves manipulating MTN shares and trading it among themselves using Access Bank's Aig Imoukhuede and Albert Wigwe known in the financial circles as big-time manipulators through Coronation Merchant Bank, Coronation Capitals.
Curiously, most of the A list shareholders of MTN are also A list shareholders in Coronation Merchant Bank/Coronation Capital and even Access bank so they keep MTN shares among themselves.
Since May 16 MTN Nigeria listed in the Nigeria stock exchange, its stock jumped 41%, closing at 140 naira per share on Friday, giving the company a market capitalization of 2.8 trillion naira ($7.8 billion). Stockbrokers who sensed the fraud wrote a petition to the EFCC!
Jackson Ude
