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.

Kamaldeen Kehinde     Awoye     AbdulRazaq Abubakar Jiddah     Olufolake Abdulrazaq     VADA     Saudat Abdulbaqi     Siddiq Adebayo Idowu Salawu     Erubu Oba Zubair     Eghe Igbinehi     CELF     Adekunle David Dunmade     Abdulfatai Baakini     Umar Gunu     Olatunde Oyeyiola     Siraj Oyewale     Pilgrims Board     Al-Hikmah University     ASKOMP     Ishaq Abdulkarim     Yahaya Seriki     Mohammed Ajia Ibrahim     KWASEIC     Ajase-Ipo     Ibrahim Abduquadri Abikan     Fatai Olodo     Moro     SSUCOEN     Ahman Pategi University     Amule     Raheem Adaramaja     Tuesday Assayomo     Amusement Park     Mazars Consulting     Adama Isa     Ilesha-Baruba     Tunji Olawuyi     Geri-Alimi Split Diamond Interchange     Borgu     Funmilayo Zubair     Oro Grammar School Old Students Association     Kayode Laro     Yekeen Alabi     Valsolar Consortium     Kuliyan Geri     Alaaya     Abdulkareem Alabi     Falokun-Oja     Ajia-Bako     Muslimah Entrepreneurship Forum     Lithium     Kwara State Fire Service     Musa Yeketi     Hassanat Bello     Kola Shittu     Memunat Monsuma     Economic And Financial Crimes Commission     Jawondo     Yoruba     Ilorin West/Asa Federal Constituency     Ahmad Fatima Bisola     Madawaki     Bola Sagaya     Femi Ogunsola     Muslim Cementary     Abubakar Kawu Baraje     Ramadan     Gbajabiamila     Amoyo     Kunle Akogun     Musa Aibinu     Nagode     Ganiyu Abolarin     Yakub Ali-Agan     IQRA College     Peter Obi     Yemi Osinbajo     Federal Allocation    

Cloud Tag: What's trending

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

Joseph Bamigboye     Joseph Offorjama     Lafia Aliyu Korasabi     Shuaib Jawondo     Mohammed Khadijat Kubura     Abdulganiy Abimbola Abdussalam     07039448763     Lola Olabayo     General Hospital, Ilorin     FOMWAN     CKNG     Mahfouz Adedimeji     Muslim Cementary     Tunde Idiagbon Road     Jawondo     Ilorin Innovation Hub     Peter Amogbonjaye     Clara Nwachukwu     Abioye Bello     Gbenga Adebayo     Oke-Ogun     Amuda Aluko     Bello Oyedepo     Admiralty Villa     LEAH Charity Foundation     Jimba Babatunde     Ahmed Bayero     AbdulRahman Saad     Abdulrasheed Akogun     SSUCOEN     Yahaya Muhammad     Benin Republic     Makama Of Kaiama     Babatunde Idiagbon     Yusuf A. Usman     Musibau Akanji     David Adesina     Salau Kabiru Abdullahi     Yusuf Ibitokun Sherifat     Cassava Growers\' Association     Al-Ilory     Ajase-Ipo     Olumide Daniel Ibitoye     Kwara Liberation Group     Theophilus Oyebiyi     Yoonus Lawal     Emir Of Lafiagi     Charcoal     Mumini Ishola Hanafi     Olaiya Lawal     Yusuf Amuda Aluko     Abdulkadri Ahmad Alaiye     Monkey Pox     Sheikh Alimi     Rueben Parejo     Ilorin Muslim Community     Abdulbaqi Jimoh     Kwara State Football Association     Salihu Jibril Garbi     College Of Arabic And Islamic Legal Studies     Muhammed Aliyu     March 28     Bolakale Kawu Agaka     Ayo Adeyemi     ITEM 7     Hakeem Idris     Al-Adaby     Abiodun Jacob Ajiboye     Esinrogunjo     Amina Susa\'a De Ahmed     Joseph Daudu     CELF     Wole Oke     Ahman Pategi University     Iyabo Adewuyi     Shehu Salau     Amuda Musbau