Ex-NBC Chief Cleared of ?2.5bn Fraud as Court Criticises ICPC's Case

Date: 2025-02-14

A Federal High Court in Abuja has discharged and acquitted Ishaq Kawu Modibbo, the former Director-General of the National Broadcasting Commission (NBC), who faced allegations of complicity in a purported ?2.5 billion fraud.

Justice Folashade Ogunbanjo-Giwa, presiding over the case, ruled on Thursday that the Independent Corrupt Practices and Other Related Offences Commission (ICPC) failed to substantiate its claims against the defendants.

The court noted inconsistencies in the testimony of witnesses and concluded that the ICPC could not establish a direct link between Modibbo and the alleged offences.

Thus, he was discharged of the five-count allegations brought against him alongside Pinnacle Communications Ltd, and Dipo Onifade.

One of the defendants earlier charged in the matter, who was chairman of Pinnacle, Lucky Omoluwa died in February 2020 while the matter was still on.

ICPC had alleged that Kawu deceived the former Minister of Information and Culture to approve the payment of N2.5billion to Pinnacle Communications Limited, a private company owned by his friend, Omoluwa.

According to the ICPC, Omoluwa, whose firm was not qualified for such a grant, subsequently transferred the sum of N537.25 million out of the N2.5bn to a Bureau De Change operator for the dollar equivalent.

The BDC operator was said to have delivered the dollars in cash to Omoluwa at his residence in Kaduna.

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Muhammad Ghali Alaaya     Post-utme     Bamidele Adegoke     Code Of Conduct Tribunal     Mohammed Saidu     Bio Ibrahim     Sunset Workers     Age AbdulKareem     Baba Isale     Musa Aibinu     ER-KANG     Neuropsychiatric Hospital     Bond     Mohammed Ghali Alaaya     General Hospital, Offa     Alloy Chukwuemeka     Jimoh Saadudeen Muhammed     Abiodun Musa Aibinu     Fulani     Abiodun Jacob Ajiboye     Abdulraufu Mustapha     Sadiq Umar     April 11     Eruku     Aremu Odolaye     AbdulKareem Yusuf Danhawa     HICA     Suleiman Alege Kuranga     Amoyo     Egbewole     SAPZ Project     Oyawoye     Kunle Akogun     Aliyu Kora Sabi     March 28     PharmAccess Foundation     Mufti Of Ilorin     Offa Grammer School     Ambassador Kayode Laro     Lawyers Unite Against Corruption     Isiaka Oniwa     Amuda Aluko     Amina Susa\'a De Ahmed     Baba Adini Of Kwara State     Iyaloja-General     Moronfoye     Tunji Oyawoye     Ajibola Ademola Julius     Sulyman Age AbdulKareem     KWASSIP     Olatunji Ibrahim     Adeleke Ogungbe     Olusegun Adeniyi     Olatomiwa Williams     Kwarareports     Assayomo     Bilikis Oladimeji     Gani Saadu     Musibau Akanji     Iyabo Adisa Ibiyeye     Bamidele Aluko     Kwara State Internal Revenue Service     Kazeem Adekanye     Eghe Igbinehin     Olabimpe Olani     Abraysports FC     Buhari     Magaji Nda     Muhammad Yahya     Maryam Nurudeen     Sodiya     Olota Of Odo-Owa     Mutawali     Raimi Iyanda     Michael Nzekwe     Mohammed Lawal Bagega     Kunle Okeowo    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Peter Amogbonjaye     Wahab Abayawo     John Olajide Adedipe     UNILORIN Alumni     Kwha.gov.ng     Aminat Omodara     Yemi Sanni     Jamiu Oyawoye     Iyabo Adewuyi     Onilu     Dan Iya Of Ilorin     Azeez Salawu     Simeon Sule Ajibola     Ibrahim Abduquadri Abikan     Ilorin Innovation Hub     07039448763     Habeeb Abdullahi Al-Ilory     Col. Adedipe     Haruna Olawale Sulaiman     Otunba Taiwo Joseph     Government High School (GHS), Adeta     Adam Abdullahi Al-Ilory     Ibrahim Abiodun     Abdulrasheed Na\'Allah     Boko Haram     Fatai Olodo     Coronavirus     Societe Generale Bank Of Nigeria     Countryside Emerging Leaders Fellowship     Ijakadi     Majlis For Sadakah, Zakat And Waqf     Oko-Olowo     Funmilayo Zubair     Musa Ayinla Yeketi     Kwara State University Of Education     08001000100     Ahmed Dankaya     Abdulazeez Arowona     Lanre Olosunde     Saliu Mustapha     Yahaya Dumoye     Okasanmi Ajayi     Ahmad Olanrewaju Belgore     Kwara     Ayobola Ipinlaiye     Mahmud Durosinlohun Atiku     Summit University     Oni Adebayo     Olugbense     Tafidan Kaiama     Abdulganiyu Salahudeen     Oyeyemi Olasumbo Florence     IDPU     Sulaiman Gado     Sheu Ndanusa Usman     Aliyu Sabi     Shuaib Olarongbe     Aisha Ahman Pategi     Adeola Abraham     Kayode Yusuf     Hijaab     Nurudeen Muhammed     Oloye     Salake     Bamikole Omishore     Kayode Oyin-Zubair     Sarkin Malamai     AbdulRahman Saad     Kola Shittu     Abdulmumin Yinka Ajia     Niyi Osundare     Saka Isau     Mohammed Halidu     Code Of Conduct     Kolade Solagberu     IHS Towers     NIRSAL