Tuesday, June 5, 2012

MTN Iran corruption allegations under investigation by South Africa police

(Reuters) - South Africa's elite Hawks police unit has opened an investigation into allegations of corruption at mobile phone giant MTN relating to its purchase of a cellular license in Iran, a police spokesman said on Tuesday.

The police probe follows a US$4.2 billion U.S. civil claim filed in March by Turkish operator Turkcell accusing Africa's largest mobile firm of bribing Iranian officials with cash and promises of weapons to secure the license, which was originally awarded to

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