CRIME

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

Published

10 months ago

February 18, 2020

ABN TV EDITOR

Lucky Omoluwa

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.

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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Related Topics:DiesLucky OmoluwaN2.5 Billion NBC Scandal: Pinnacle Communications BossNational Broadcasting CommissionNBCOmoluwa SlumpsPinnacle Communications

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