Pinnacle's Chairman, Omoluwa Dies Amidst N2.5bn NBC Scandal

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The report indicates that the Chairman of Pinnacle Communications Limited Mr Lucky Omoluwa, a philanthropist, has passed on today Feb. 18. It was learnt that the deceased who was on trial being accused of Digital Switch-Over (DSO) programme fraud to the tune of N2.5 billion by the Independent Corrupt Practices and other related offences Commission, ICPC, relapsed and was rushed to National Hospital, Abuja where he was pronounced dead.

The deceased and Modibbo Kawu, the suspended head of the federal broadcast regulator, the Nigerian Broadcasting Commission, was charged over alleged complicity in the misapplication of the N2.5 billion seed grant for the Digital Switch-Over (DSO) programme. The duo alongside the Chief Operating Officer of the company, Mr Dipo Onifade, arraigned by Justice Folashade Ogunbanjo-Giwa of the Federal High Court, Abuja, allegedly used Pinnacle Communications, a broadcast engineering firm, to carry out the suspicious transactions.

May his gentle soul rest in perfect peace.

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