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.

CLAY POT     Akom Construction And Engineering Synergy Ltd     MATTA Girls Foundation     Bature Bello     Saadatu Modibbo-Kawu     Saheed Akinwumi     Samuel Adedoyin     Bello Oyebanji     Bello Abubakar     Tayo Awodiji     Yahaya Oloriegbe     Galland Marcias     Apaola     Moses Adekanye     Ophthalmological Society Of Nigeria     Atiku Abubakar     John Olobayo     Isiaka Danmeromu     Haliru Dantoro     Sheriff Shagaya     Mohammed Abduraheem     Mubarak Oladosu     Fatai Garuba Labaka     Olomu     UNILORIN Alumni Association     Mufti Of Ilorin     Kale Belgore     Abdulwahab Oba     Roseline Oni Aremu     IPSAS     Femi Agbaje     Omotosho     Folaranmi Aro     Abatemi-Usman     Bayo Onimago     Saliu Ajibola Ajia     Gobir Organization Foundation     Emmanuel Olatunji Adesoye     Niyi Ogundiran     Women For Change And Development Initiative     Chief Imam Of Omu-Aran     Muhammed Mahe Abdulkadir     Kehinde Baale     Kamaldeen Ajibade     Tinubu Legacy Forum     Ibrahim Gambari     KwaraLearn     Adaramaja     Harrison Osauwagboe     11th Galadima     Garba Ayodele Wahab     Kwara     Hassanat Bello     Tanke Road     Police Commissioner     Olatunde Jare     Razak Atunwa     Kpotum Mohammed Baba     Hussein Olokooba     Bukola Saraki     Ilorin Likeminds Foundation     Wasiu Onidugbe     Ebola     Samuel Adaramola     YAKOOYO     Seni Saraki     Alaaya     Yunus Lawal     Asa     Convocation Ceremonies     Zulu Gambari     Simeon Sayomi     Umar Danladi Shero     Suleiman Abubakar     Kwara State Governor     Orire     Gbajabiamila    

Cloud Tag: What's trending

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

Dauda Adesola     Monkey Pox     Olayinka Jelili Yusuf     Kwara State Government     Dairo Kunle Paul     Folorunsho Erubu     Medview Airlines     KWASSIP     IHS     Chief Imam Of Omu-Aran     Abubakar Atiku     KWTV     Aliyu Muhammed     Ajase-Ipo     Saliu Ajia     Tsado Manman     Abdulrosheed Okiki     Oni Adebayo     Offa     Kwara Politics     Kunle Okeowo     Mahe Abdulkadir     Idiagbon     Earlyon Technologies     Abdullahi G. Mohammad     Muhammed Danjuma     Sulu Babaita Isiaka     Aisha Gobir     Forgo Battery Company Limited     Jimoh Akani     Oyun     Bareke     Kamaldeen Kehinde     Sunday Otokiti     AIT Ilorin     Bayo Lawal     Col. Adedipe     Kolade Solagberu     General Tunde Idiagbon International Airport     Ayobami Seriki     Kunbi Titiloye     Yusuf Abdulwahab     Kwara Muslim Pilgrims Welfare Board     National Pilot     Mahmud Ayinla Giwa     Shururat Olatinwo     Lanre Issa-Onilu     Joseph Offorjama     Idowu Aremu     Ibrahim Taiwo     Oke-Kura     Trader Moni     Alimi Abdulrazaq     Abdulrazaq Sanni     Marufat Oladosu     Imam Gambari     Aisha Ahman-Pategi     Gobir     Olaitan Adefila     Ridhwanullah Al-Ilory     Funmilayo Braithwaite     Dapo Teni Nig Enterprise     Buari Edun     Moronfoye     Emir Of Kano     Buhari     Gbemi Saraki     Curfew     Rapheal Ashaolu     Abubakar Lah     Centre For Peace And Strategic Studies     Abdulmutalib Shittu     Azeez Salawu     Lanre Jimoh     Chemiroy Nigeria Limited     Aliyu Olatunji Ajanaku     Adesoye College