N2.5bn Fraud: NBC boss, Kawu to appear in Court — Nigerian Pilot News
Connect with us

Headlines

N2.5bn Fraud: NBC boss, Kawu to appear in Court

Published

on

DSS reveals new fraud pattern targeted at Govt officials

The Director General of the National Broadcasting Commission, Ishaq Kawu, will appear before a judge on Wednesday over his alleged complicity in the misapplication of the N2.5 billion seed grant for Digital Switch-Over (DSO) programme of the federal government.

Mr Kawu, alongside the Chairman of Pinnacle Communications Limited, Lucky Omoluwa, and the Chief Operating Officer of the same company, Dipo Onifade, will be arraigned before Justice F. O. Giwa of the Federal High Court, Abuja, by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

The men are facing a 12-count charge bordering on abuse of office, money laundering and misleading a public officer with the intent to defraud the federal government, in contravention of Section 19 of the Corrupt Practices and Other Related Offences Act, 2000.

The Presidency had in 2016 released N10 billion to the Ministry of Information and Culture for the DSO programme and a White Paper was issued directing how the process should be executed.

Based on the guidelines provided by the White Paper, two companies were nominated to handle the process, one of which was ITS, an affiliate of the Nigerian Television Authority (NTA).

N1.7 billion was released to it as seed grant for the commencement of the switch-over.
The ICPC alleges that Mr Kawu fraudulently recommended Pinnacle Communications Limited, a private company, to the Minister of Information and Culture, for the release of N2.5 billion against the guidelines contained in the White Paper.

As a result, the Commission filed charges against him and his accomplices.

The NBC boss however failed to appear in court on an earlier date, citing ill-health as a reason thereby prompting Justice Giwa to order him to appear in court on the adjourned date even if it is on a stretcher.

546 total views, 5 views today

Continue Reading
Advertisement
Loading...
Click to comment
Advertisement
Advertisement
Loading...

Most Read