Categories: CRIME

N2.5 Billion NBC Scandal: Pinnacle Communications Boss, Omoluwa Slumps, Dies

Lucky Omoluwa, chairman of Pinnacle Communications, is dead.

Omoluwa, who is being probed over a N2.5 billion alleged fraud case involving the National Broadcasting Commission (NBC), died at the National Hospital in Abuja on Tuesday.

Omoluwa first fell ill on Saturday and was admitted at a hospital.

He was said to have been discharged after showing signs of improvement. The deceased reportedly resumed work on Monday but suffered a relapse on Tuesday morning.

Omoluwa reportedly died while undergoing treatment.

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) is prosecuting Omoluwa alongside Ishaq Kawu, director-general of the NBC, and Dipo Onifade, chief operating officer of Pinnacle Communications.

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They anti-graft agency accused the trio standing trial for alleged abuse of office and money laundering of misappropriating N2.5 billion in the Digital Switch-Over (DSO) programme.

The anti-graft agency had demanded Kawu’s suspension pending the outcome of the trial.

Kawu was suspended last week on the directive of President Muhammadu Buhari.

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