N2.5b NBC scandal: Firm’s boss, Omoluwa slumps, feared dead


By Benjamin Omoike

Chairman of Pinnacle Communications Limited, Lucky Omoluwa, has slumped and is feared to have died.

The feared death, according to family sources and associates, occurred at the National Hospital in Abuja.

His development comes amidst the commencement of trial in a corruption case involving him, his company, and Modibbo Kawu, the suspended head of the federal broadcast regulator, the Nigerian Broadcasting Commission (NBC).

Mr Omoluwa, a golfer and top philanthropist, was accused by the Independent Corrupt Practices and other related offences Commission (ICPC) of digital switchover fraud to the tune of N2.5 billion.

The alleged collaborators used Pinnacle Communications, a broadcast engineering firm run by Mr Omoluwa, to carry out the suspicious transactions.

Multiple sources said Mr Omoluwa slumped on Tuesday morning and later passed on at the hospital, which has not yet issued a statement on the development.

ICPC spokesperson, Rasheeda Okoduwa, was unavailable for comments regarding the potential impact of Omoluwa’s passing on the ongoing trial.

Until his.feared death, Omoluwa denied the fraud charge.

Omoluwa had late last year slammed a N1 billion libel suit against the spokesperson of the ICPC, Mrs Rashedat Oloduwa, for m allegedly publicising falsehood against him.

The suit dated 13th December 2018, and marked CV/578/20187 was filed at the High Court of the Federal Capital Territory, Maitama, by Nnamonso Ekanem, SAN, on hia behalf.

In the suit, the Pinnacle boss asked the court to order Okoduwa to pay him the sum of N1,000,000,000 (One Billion Naira) damages.

He also prayed for a declaration that the defendant’s publication on the website of the Independent Corrupt Practices Commission from 15th of November, 2018 under the caption “News Release”, which is widely read in Nigeria and worldwide is libelous of the claimant.

The claimant sought an order of public apology, retraction and rebuttal of the libelous publication and statements on the Independent Corrupt Practices Commission website and some major Nigerian newspapers and online platforms for seven days.


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