Court confirms $100m fine against Zain Iraq

Kuwait-Mubasher: The court has confirmed the ruling issued against Zain Group regarding a fine worth $100 million, according to a bourse statement issued on Thursday by Zain Group.

The hearing committee affiliated to the Iraqi Communications and Media Commission issued on 13 July a resolution that confirms the decision of the Commission’s CEO regarding the claimed fine.

Zain noted it would file an appeal against the claimed fine.

 

Mubasher Contribution Time: 14-Jul-2016 08:32 (GMT)
Mubasher Last Update Time: 14-Jul-2016 08:33 (GMT)