Grameenphone pays outstanding Tk 10b to BTRC
Grameenphone and Robi, the second largest mobile phone operator, were engaged in a virtual scuffle with BTRC over financial and technical audit to the operators’ book since their inception up to 2015
Country’s leading mobile phone operator Grameenphone on Tuesday deposited another instalment of Tk 10 billion to Bangladesh Telecommunication Regulatory Commission (BTRC) as part of its outstanding due of Tk 125.8 billion unearthed by audit.
The operator handed over a Pay Order of the amount to BTRC before the stipulated time of 31 May 2020 following the directive of the Appellate Division passed on 20 February to escape any regulatory measures.
“We’ve deposited the money before the stipulated time complying with the law,” said Grameenphone chief executive officer Yasir Azman in a virtual briefing.
Grameenphone had previously deposited Tk 10 billion to BTRC on 23 February complying with the court order for a total adjustable payment of Tk 20 billion to the regulator.
BTRC chairman Md. Jahurul Haque, after receiving the pay order, said they want to continue work with Grameenphone in an amicable manner.
Replying to a query on solution of the audit claim, he said “We would sit together to come to a decision to finish the process.”
The Appellate Division’s order came in response to a review petition filed by Grameenphone earlier on 26 January to allow it to pay Tk 5.75 billion in 12 equal instalments.
The review petition was filed after the apex court had directed Grameenphone on 24 November last year to pay Tk 20 billion to BTRC within three months (by 23 February) against the demand of over Tk 125.79 billion dug out by audit.
Grameenphone and Robi, the second largest mobile phone operator, were engaged in a virtual scuffle with BTRC over financial and technical audit to the operators’ book since their inception up to 2015.
Earlier, in another order, the Appellate Division asked Robi Axiata Limited to pay in equal five instalments in five months Tk 1.38 billion out of BTRC’s demand amounting to over Tk 8.67 billion.
Robi complied with the order paying on 14 January the first instalment, 17 days ahead of the expiry of the deadline.