CFTC Applies for Stay Order on Judgement in Airtel Malawi’s Case
The Competition and Fair-Trading Commission (CFTC) has applied for a stay order, pending an appeal against a 12th July judgement that, the commission should refund 2.1 billion Kwacha fine to Airtel Malawi.
The court ruled against CFTC on grounds that it does not have mandate to issue fines in issues that are criminal in nature.
It was ordered to refund Airtel Malawi 1.2 billion Kwacha within 14 days. In 2020 CFTC fined Airtel Malawi for failing to pay Khethekhethe bonuses to qualified customers.
The commission's spokesperson Innocent Helema says CFTC says the institution asked the court for an extension on the order to refund the money, pending the appeal, and the prayer has been granted.
Published in: News In Brief
Read 914 times
Last modified on Thursday, 27/07/2023
Login to post comments