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.

Sponsored

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

No Alliance With Tinubu, APC Ahead Of 2027 — LP

The Labour Party (LP) has dismissed the video making the rounds in social media that…

3 hours ago

Ex-Gov Ikpeazu Urges China To Teach Nigeria Fishing Instead Of Giving It Fish

The immediate past governor of Abia State, Okezie Victor Ikpeazu, has called on Nigeria and…

3 hours ago

FG To Monitor Simon Ekpa’s Trial In Finland

The federal government will monitor the legal proceedings and provide further updates on the case…

5 hours ago

Osifo Honours UNIBEN Best Graduating Students With N1 Million

UNIBEN Best Graduating Students get N1 million Prize The Osasere Osifo Prize for Academic Excellence…

13 hours ago

Edo State Govt Declares Over 200 Vehicles Missing

The committee set up by the Edo government to recover government assets says over 200…

15 hours ago

Leverkusen’s Victor Boniface Sidelined Due To Leg Injury

Victor Boniface of Bayer Leverkusen will miss "a few games" following his return from international…

19 hours ago