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MTN Probe Clears Company of Wrongdoing in Iran Case - Corruption Currents - WSJ

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By Samuel Rubenfeld and Devon Maylie

A probe of MTN Group Ltd. commissioned by the company cleared the mobile operator of wrongdoing in a case that’s on hold in a U.S. court.

The Johannesburg-based company was sued by a Turkish rival Turkcell Iletisim Hizmetlera AS, in U.S. court in March 2012, under the Alien Tort Statute, accusing MTN of bribery and other acts of corruption that it said caused it to lose out on a license to operate a mobile network in Iran.

MTN appointed U.K. jurist Lord Leonard Hoffman to conduct a probe, which found Turkcell’s allegations to be “a fabric of lies, distortions and inventions,” the company said Friday in a statement (pdf).