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.

Abdulkadir Bolakale Sakariyah     General Hospital, Offa     Quran     General Tunde Idiagbon International Airport     Olokoba Abdullahi Ayinla     Minimum Wage     Femi Oladiji     IsDB     Katibi Ibraheem Adeola     Kwara Consultative Forum     John Olajide Adedipe     Undergraduate Bursary     Ilesha-Baruba     Samuel Elizabeth Keatswa     Alloy Chukwuemeka     Afusat Nike Ibrahim     Abubakar Abdullahi Bata     Dar-Al-Handasah Consultants Ltd     Orisun Igbomina     Bola Sagaya     Shuaibu Yaman Abdullahi     Abubakar Ndakene     Ella Supreme Tissue Paper     Abdullahi Saadudeen Alikinla     Owu Fall     Ilorin East     General Tunde Idiagbon International Airport Ilorin     Mustapha Akanbi     AbdulQowiy Olododo     Yoonus Lawal     Jebba     Alfa Modibbo Belgore     Borgu     Centre For Community Empowerment And Poverty Eradication     Erubu Oba Zubair     Omu Aran     Curfew     Muhammad Akande Olarewaju Odunade     Goodluck Jonathan     Dar-Al-Handasah Consultants     Samuel Olusegun Adedayo     NIPOGA     Suleiman Ajadi     CUTI     Olupako Of Share     Chief Imam Of Omu-Aran     Saadu Alanamu     TESCOM     Kola Shittu     Aremu Bose Deborah     Societe Generale Bank Of Nigeria     Aisha Ahman-Pategi     Muhammad Fawaz Abubakar     Pakata Patriots     Rueben Parejo     Sobi Specialist Hospital     Adekunle David Dunmade     Aishat Sulu-Gambari     Yusuf Amuda Gobir     Hydro-electric Power Producing Areas Development Commission     Aliyu Muhammad Saifudeen     Bola Iyabo Ibiyeye Adisa     Local Government     Henry Olaosebikan     Oloyede     Kwara State Football Association     Agbarigidoma     Centre For Peace And Strategic Studies     Okoolowo     Kaosarah Adeyi     Ilorin Innovation Hub     NIPR     Babaloja-General     Taofik Abdulkareem     UTME     Abdulraufu Mustapha     SAPZ Project    

Cloud Tag: What's trending

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

Kwara Teaching Service Commission     Rebecca Olanrewaju     National Broadcasting Commission     Olaoye B. Felix     Toyin Abdullahi     Fola Consultant     Lanre Issa-Onilu     Olukotun Of Ikotun     Oloruntoyosi Thomas     Taofik Abiodun Ahmed     Kayode Ogunlowo     Lanre Jimoh     Toyin Olayinka Tejidini     Ishola Moses Abiodun     Muideen Olaniyi Alalade     Arinola Lawal     Abdulfatai Salman Baakini     Yusuf Amuda Aluko     Amoyo     Okiki     Assayomo     Offa Grammer School     Sardauna Of Ilorin     GGDSS Pakata     KWASEIC     Charcoal     PPS     Abdulganiyu Salahudeen     Iqra Books     Okanlawon Taiwo     AbdulKareem Yusuf Danhawa     Abdulwahab Olarewaju Issa     Charles Ibitoye     Tanke     Rex Olawoye     Oye Tinuoye     Isapa     Jimoh Bashir     Igbaja     Tsaragi     Raji Ayodele Kamaldeen     Code Of Conduct Tribunal     Adolescent Girls Initiative For Learning And Empowerment     Damilola Yusuf Adelodun     Saeedat Aliyu     Micheal Imoudu     Bayo Onimago     HICA     Rice Farmers Association Of Nigeria     Shuaibu Yaman     Ilorin Water Reticulation     Tafida     Abubakar Aliagan     Ilorin Anchor Men And Women     Jimoh Lambe Abdulkareem     Soffiyyallah Kamaldeen     AGM Professional Services     All Confederation Of Principals Of Secondary Schools     Umar Bayo Abdulwahab     George Funsho Adebayo     SSA Youth Engagement     Kayode Zubair     Kwara 2023     Abubakar Kawu Baraje     Kwara NIPR     Babaita     Yahaya A Paniyaro     Moses Salami     Oyun     Deji Ajani     Harrison Osauwagboe     Ishola Balogun Fulani     Abdulrazaq Sanni     AbdulGaniyu Kareem     University Road     Toyin Saraki     Elelu