Wednesday, 27 February 2019

ICPC To Re-arraign NBC Boss And Others Over Alleged 2.5 Billion Fraud.

The Federal High Court, Abuja has fixed March 12 for the ICPC to re-arraign the Director-General of the National Broadcasting Commission, Mr Ishaq Modibbo over alleged N2.5 billion fraud charge.

Kawu was charged by the Federal Government alongside the Managing Director of Pinnacle
Communications, Mr Dipo Onifade, Founder and Chairman Board of Directors of Pinnacle, Mr Lucky Omoluwa and Pinnacle Communications Ltd on Jan. 21.

When the matter called, The ICPC Counsel, Mr Henry Emore informed the court that he was substituting the charge dated Jan. 21, with another one dated Feb. 21 because the first charge contained noticeable errors.

The fresh charges read in part: “That you, Is’haq Modibbo, Lucky Omonuwa and Dipo Onifade sometime between Dec. 2016 and May 2017 in Abuja within the jurisdiction of this Court, conspired with each other to use the position of Modibbo as the Director-General of NBC to confer corrupt advantage on Omonuwa, your friend and associate by recommending to the Minister of Information and Culture to approve payment of N2.5 billion to Pinnacle Communications Limited.

“A private company owned by Omonuwa as seed grant under the DSO of the Federal Government of Nigeria when you knew that the said company was not entitled to receive such grant and you thereby committed an offence contrary to Section 26(1) (c ) and punishable under Section 19 of the Corrupt Practices and Other Related Offences Act, 2000.

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