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GP to deposit Tk1,000cr to BTRC

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Update: 2020-02-22 12:31:35
GP to deposit Tk1,000cr to BTRC

DHAKA: Mobile phone operator Grameenphone (GP) decided to deposit Tk 1,000 crore to Bangladesh Telecommunication Regulatory Commission (BTRC) on Feb 23 as per the Supreme Court order.

GP made the announcement in a media statement on Friday, a day after the Appellate Division ordered it to pay the amount within Feb 24.

On February 19, the BTRC rejected an offer made by the mobile operator to deposit Tk 100 crore dues.

On November 24, the Appellate Division asked GP to pay Tk 2,000 crore of the Tk 12,579.95 crore dues claimed by BTRC within three months.

The deadline will expire on Sunday (February 23).

The telecom regulator claimed the dues in 27 sectors from the mobile operator but failed to recover the money. Later, BTRC sent a notice to GP threatening to revoke its licence on April 2 last year.

But the operator moved the court seeking a temporary injunction on the notice which was turned down on August 28 that year. The mobile operator later filed an appeal with the High Court.

The High Court on October 17 imposed a two-month injunction on realisation of dues from GP. The telecom regulator later moved the Appellate Division against the order.

BDST: 1230 HRS, FEB 22, 2020
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