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.

Kisra     Alimi     Kawu Baraje     Shonga     Aremu Bose Deborah     Orire     Sheriff Olanrewaju     Dar-Al-Handasah Consultants Ltd     Jimoh Saadudeen Muhammed     Omoniyi     Doyin Agbamu     Tinubu Legacy Forum     Kwara State Sports Commission     Tope Daramola     07039448763     Iqra Books     Mohammed Halidu     Fatai Garuba Labaka     Tunde Idiagbon Road     Orisun Igbomina     Sanitation Exercise     Kulende-UITH     Vasolar-Kwara Company Ltd     Olaiya Victor Mobolaji     Shuaib Abdulkadir     Moshood Mustapha     Razaq Atunwa     Abubakar Usman Jos     Yekeen Alabi     Congress For National Consensus     Jimoh Lambe Abdulkareem     Egbewole     Ekweremadu     Oniye     Olofa Of Offa     Ahmad Uthman     Asa     Chief Imam Of Offa     Olosi Of Osi     Rihanat Ajia     Babatunde Ishola Babaita     Tayo Alao     Jumoke Monsura Gafar     Bola Magaji     Abdulrahman Abdulrazaq     KwaraLearn     Toyin Falola     Raimi Iyanda     Kwara Polytechnic     Olaitan Adefila     Mutawalle     Onilorin     Toun Okewale-Sonaiya     Olayinka Oladapo Jogunola     Yusuf Amuda Gobir     Mohammed Khadijat Kubura     Maja     Ganmo     Okala Baba     Offa Grammer School     Lateef Ademola Olatunji     Bibire Ajape     Musibau Akanji     Ibraheem Abdullateef     Sidikat Akaje     CUTI     Matthew Babaoye     Law School Scholarship     Ilorin East/South Federal Constituency     Mahfouz Adedimeji     Abubakar Ndakene     Saad Belgore     Hassanat Bello     Otoge     HYPPADEC     Ahmad Olayiwola Kamaldeen     Afusat Nike Ibrahim    

Cloud Tag: What's trending

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

Waheed Ibrahim     Ilesha-Gwanara     Balogun-Ojomu     AbdulQowiy Olododo     Mamatu Abdullahi     Nigeria Governors\' Forum     Tosho Yaqub     Irepodun     Ojo Fadumila     Falokun-Oja     Students Union Government     Kwara Coalition Of Business And Professional Associations     Rafiu Ajakaye     Public Holiday     Yomi Ogunsola     Iliasu     Yemi Osinbajo     Joseph Alex Offorjama     Eleja     Abubakar Lah     Saeedat Aliyu     IESA     Joseph Bamigboye     Www.Kwarareports.com     Kale Bayero     Oyawoye     TESCOM 2025     Olatunde Jare     Kunle Okeowo     Saadu Gbogbo Iwe     Saadu Alanamu     JSSCE     Micheal Imodu-Ganmo Road     Abdullahi Imam Abdullahi     Muhammad Mustapha Suleiman     Laduba     Gbenga Olawepo     NSCIA     Ilorin Like-Minds     Khadijat Ayoola Yusuf     Smart School     Ridwan Agboola     Village Alive Development Association     S.O. Opowoye     Lawal Arinola Kudirat     Olabode Towoju     Oko Erin     Ekweremadu     Ajidagba     Ubandoma     Kola Shittu     Trade Lenda SME Fair     Shehu Salau     Kwara Volleyball Association     Abdulkareem Alabi     Salihu Yahaya     General Hospital     Kola Olota     Kwara NIPR     Salman Suleiman     Omoniyi M. Ayinla     Ajakaye     Sa\'adatu Modibbo-Kawu     Kwara State Council Of Chiefs     Ibrahim Gambari     Abdulquowiyu Olododo     Wahab Kunle Shittu     Segun Adeniyi     Awoye     Ahmed Saidu Rufai     Col. Ibrahim Taiwo     Abraham Ojo     Ahmad Ali     Computer Based Test     Yusuf Abdulkadir     Funke Adedoyin     Dogara