NBC DG Kawu granted bail over alleged N2.5bn fraud

NBC DG Kawu granted bail over alleged N2.5bn fraud

- An Abuja division of the Federal High Court has granted bail to the director general of National Broadcasting Commission, Modibbo Kawu

- Kawu, Lucky Omoluwa, Dipo Onifade, and three others are facing charges of corruption

- According to Justice Ogunbanjo-Giwa, the crime for which the defendants were charged is bailable

Justice Folashade Ogunbanjo-Giwa of Abuja division of the Federal High Court on Thursday, May 2, granted bail to the director general of National Broadcasting Commission (NBC), Modibbo Kawu.

The NBC boss who is being prosecuted by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has been indicted for allegedly misappropriating N2.5 billion.

Premium Times reports that Kawu, chairman of Pinnacle Communications Limited, Lucky Omoluwa, Dipo Onifade, and three others were being prosecuted on 12-count charges.

They are being on 12-count charges.

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The anti-graft agency is also prosecuting Pinnacle Communications Limited in the trial. Pleading not guilty to all the charges, Kawu and his co-defendants through their counsel applied for bail.

Count one of the charges read: "That you, Is'haq Modibbo Kawu (m), Lucky Omoluwa and Dipo Onifade (m) sometime between December 2016 and May 2017, in Abuja, within the jurisdiction of this honorable court, conspired with each other to use the position of Is'haq Modibbo Kawu, as director general of the National Broadcasting Commission to confer corrupt advantage on Omoluwa, your friend and associate by recommending to the minister of information to approve payment of the sum of N25 billion to Pinnacle Communications nd, 0 private company owned by’ Omoluwa as “seed grant” under the digital switch-over programme of the federal government of Nigeria when you knew that the sand company was not entitled to receive such grant and you thereby committed on offence contrary to Section 26 ( l )(c) and punishable under Section 19 of the Corrupt Practices and Other Related Offences Act, 2000.

Ruling on the bail application Giwa said the crime for which the defendants were charged “is bailable.” As part of the bail conditions, the judge ordered that the defendants pay N100 million each with two sureties in like sum.

He said the sureties must be residents of the FCT and must own landed property. According to the judge, one of the sureties must be a landed property owner in Abuja, FCT and the other sureties shall be on grade 17 and above in the services of the federal government of Nigeria in FCT, Abuja. The sureties are to drop in court evidence of tax payment in the last three years.'

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"The defendants are to deposit their passport photographs in court and inform the court of their contact telephone numbers. They are to deposit their International passport with the deputy chief registrar of litigation of the court. The defendants are not to travel out of Nigeria without the order of the court," she added.

The defendants have ten working days from the date of the ruling within which to comply to the bail conditions.

''The defendants are to remain with the Independent Corrupt Practices and Other Related Offences until their bail terms and conditions are met.

''In event that any of the defendants did not meet this conditions within the window of 10 working days from today, they shall be taken into the custody of Independent Corrupt Practices and Other Related Offences and be remanded in prison pending when their bail conditions are met,” she ruled.

Giwa adjourned to May 3 for the commencement of trial.

In an earlier report by Legit.ng, the ICPC moved to seize plots of land and duplexes worth N264 million from three civil servants working in the Ministry of Niger Delta affairs.

Spokesperson for ICPC, Rasheedat Okoduwa, said the properties under investigations were owned by Poloma Nuhu, Mangset Dickson and Daniel Obah.

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