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Media and Communications: A decision requiring Korek to pay about $800 million to the state treasury
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Economy News - Baghdad
The Media and Communications Authority announced, on Sunday, that it had won a court decision obliging Korek Telecom to pay about $800 million to the state treasury.
The head of the commission, Ali Al-Moayyed, said in a statement, “With serious and vigorous follow-up from Prime Minister Muhammad Shia’ al-Sudani, the commission was able to resolve the file of the judicial dispute with Korek Telecom, obliging it to pay nearly $800 million in favor of the Iraqi state as a substitute for licenses and frequencies used by it.” The company and other dues that it has been unable to pay for years,” warning that “the authority will resort to other legal procedures in the event that the company fails to implement judicial decisions or fail to pay the financial obligations incurred by it.”
Al-Moayad added, "While the authority thanks the Supreme Judicial Council, which was fair to it in its legal dispute aimed at protecting the rights of users, it confirms its continuation to monitor any violating practices by mobile phone companies that contradict the terms of the license or their failure to pay the financial dues incurred." with her disbelief.”
He pointed out that "obtaining this decision comes in the context of resolving many complex and accumulated files for years, which are being followed up by the new administration of the Commission in coordination with the Board of Commissioners and with the support and direct supervision of Prime Minister Muhammad Shia'a Al-Sudani."
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Added 04/30/2023 - 11:28 AM
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Economy News - Baghdad
The Media and Communications Authority announced, on Sunday, that it had won a court decision obliging Korek Telecom to pay about $800 million to the state treasury.
The head of the commission, Ali Al-Moayyed, said in a statement, “With serious and vigorous follow-up from Prime Minister Muhammad Shia’ al-Sudani, the commission was able to resolve the file of the judicial dispute with Korek Telecom, obliging it to pay nearly $800 million in favor of the Iraqi state as a substitute for licenses and frequencies used by it.” The company and other dues that it has been unable to pay for years,” warning that “the authority will resort to other legal procedures in the event that the company fails to implement judicial decisions or fail to pay the financial obligations incurred by it.”
Al-Moayad added, "While the authority thanks the Supreme Judicial Council, which was fair to it in its legal dispute aimed at protecting the rights of users, it confirms its continuation to monitor any violating practices by mobile phone companies that contradict the terms of the license or their failure to pay the financial dues incurred." with her disbelief.”
He pointed out that "obtaining this decision comes in the context of resolving many complex and accumulated files for years, which are being followed up by the new administration of the Commission in coordination with the Board of Commissioners and with the support and direct supervision of Prime Minister Muhammad Shia'a Al-Sudani."
Views 45
Added 04/30/2023 - 11:28 AM
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