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.

Sponsored

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.

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.

SPONSORED
ABN TV EDITOR

ABN TV is one of the most visited news platform across Nigeria and the world over. It has carved a niche for itself in delivering authentic, accurate news.

Recent Posts

Some Government Officials Should Be In Prison Now — Obasanjo

Former Nigerian President, Olusegun Obasanjo, has claimed that some of the people currently in government…

8 hours ago

Edo Guber: LP’s Akpata Denies Stepping Down For PDP Candidate

The governorship candidate of the Labour Party (LP), Olumide Akpata has denied reports that he…

11 hours ago

FG To Backdate Payment Of Minimum Wage From July 29

The Committee on Consequential Adjustments in Salaries for civil servants has agreed that the new…

12 hours ago

Alonso, Kompany Demands Action On Player’s Workload

Bayern Munich's Vincent Kompany and his Leverkusen counterpart, Xabi Alonso, have joined the chorus demanding…

16 hours ago

Two Nigerian Airports Bags Exceptional Awards

Airport Council International has recognized the outstanding commitment of Port Harcourt and the Nnamdi Azikiwe…

16 hours ago

Man City, Arsenal Aim For Early Lead In Champion’s League Race

The Sunday's match between champions Manchester City and Arsenal is already being billed as a…

17 hours ago