Alleged N2.5 billion fraud: Court adjourns trial of NBC DG to May 27
Mr Modibbo is standing trial alongside Lucky Omoluwa, Chairman of Pinnacle Communications Ltd, and Dipo Onifade, the Chief Operating Officer of the company.
The witness, Adama Charles, who was led in evidence by the prosecuting counsel, Henry Emore, told the court that he was an investigator with the Independent Corrupt Practices and other related offences Commission . “In the cause of investigation, we analysed some documents including bank statements and realised that N1.7 billion was paid to ITS with the description, “seed grant”, and N2.5 billion was paid to Pinnacle Communications Ltd as seed grant.”
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