{"id":66458,"date":"2019-05-02T20:29:05","date_gmt":"2019-05-02T19:29:05","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=66458"},"modified":"2019-05-02T20:29:05","modified_gmt":"2019-05-02T19:29:05","slug":"alleged-n2-5bn-fraud-court-grants-nbc-boss-modibbo-others-n300m-bail","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/alleged-n2-5bn-fraud-court-grants-nbc-boss-modibbo-others-n300m-bail\/","title":{"rendered":"Alleged N2.5bn Fraud: Court Grants NBC Boss, Modibbo, Others N300m Bail"},"content":{"rendered":"<p>Justice Folashade Ogunbanjo-Giwa of the Federal High Court sitting in<br \/>\nAbuja, on Thursday, granted bail to the Director General of National<br \/>\nBroadcasting Commission, Ishaq Kawu Modibbo.<br \/>\nOthers who secured bail are Sir Lucky Omoluwa, Chairman of Pinnacle<br \/>\nCommunications Ltd, and Dipo Onifade.<br \/>\nThey are facing trial over allegation of fraud in the digital switch<br \/>\nover project of the Federal Government.<\/p>\n<p>The defendants were granted bail by the court after they had pleaded not<br \/>\nguilty to a 12-count charge preferred against them by the Independent<br \/>\nCorrupt Practices and other related offences Commission (ICPC).<br \/>\nTrial judge, Justice Giwa however granted the defendants bail on the<br \/>\nfollowing conditions.<br \/>\nThe court granted each of the three defendants bail in the sum of N100<br \/>\nmillion with two sureties each in the like sum.<\/p>\n<p>The sureties are expected to depose an affidavit of means as well as<br \/>\nmust be property owners in FCT.<br \/>\nJustice Giwa also held that title deeds of the property must be verified<br \/>\nand submitted to the court.<br \/>\nBesides, the court said one of the sureties must be resident in FCT, not<br \/>\nless than level 17 in public service, and must show evidence of tax<br \/>\npayment in the last three years.<br \/>\nIn addition, Justice Giwa ordered the defendants to deposit their<br \/>\ninternational passports with the registrar (litigation) of the court.<\/p>\n<p>Also, the sureties were ordered to submit two recent passport<br \/>\nphotographs to the registrar of the court.<br \/>\nThe court however gave the defendants 10 days to fulfil the bail<br \/>\nconditions or risk being remanded in ICPC or prison custody.<\/p>\n<p>Trial of the defendants begins today.<\/p>\n<p>Earlier, Abdullahi Mustapha SAN, counsel to Modibbo had urged the court<br \/>\nto grant him bail since there was a medical report filed before the<br \/>\ncourt showing that the 1st defendant (Modibbo) is having health<br \/>\nchallenge.<br \/>\nBesides Modibbo being on administrative bail, Mustapha told the court<br \/>\nthat the presumption of innocence was in favour of the applicant under<br \/>\nsections 158, 159 and 162 of Administration of Criminal Justice Act<br \/>\n2015.<br \/>\nBut objecting to the bail application, Henry Emore, counsel to ICPC<br \/>\ninformed the court that Modibbo jumped bail and did not honour<br \/>\ninvitation.<\/p>\n<p>However, Mustapha denied the allegation, and urged the ICPC lawyer to<br \/>\nprovide proof.<\/p>\n<p>Similarly, Alex Iziyon SAN, counsel to Onifade (2nd) and Omoluwa (3rd)<br \/>\ndefendants moved the bail application of Omoluwa since the prosecution<br \/>\ndid not oppose that of Onifade.<\/p>\n<p>The summary of Izinyon&#8217;s bail application was that the issue &#8220;is a<br \/>\nbailable offence under the Constitution, ACJA and ICPC Act.<\/p>\n<p>In addition, Iziyon had argued that bail was at the discretion of the<br \/>\ncourt, which must be exercised judicially and judiciously.<\/p>\n<p>On his part, the ICPC lawyer had opposed the bail application on the<br \/>\nground that the applicant had refused to honour its invitation since he<br \/>\nwas granted administrative bail.<\/p>\n<p>Omore further urged the court, that in the event it was minded to grant<br \/>\nbail to the defendants, it should be on stringent terms to make them<br \/>\nattend trial.<\/p>\n<p>But Izinyon insisted that the 3rd defendant did not jump bail, and<br \/>\ndemanded proof from the prosecution.<\/p>\n<div class=\"yj6qo\"><\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Justice Folashade Ogunbanjo-Giwa of the Federal High Court sitting in Abuja, on Thursday, granted bail to the Director General of National Broadcasting Commission, Ishaq Kawu Modibbo. Others who secured bail&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":66459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-66458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alleged N2.5bn Fraud: Court Grants NBC Boss, Modibbo, Others N300m Bail - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/alleged-n2-5bn-fraud-court-grants-nbc-boss-modibbo-others-n300m-bail\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alleged N2.5bn Fraud: Court Grants NBC Boss, Modibbo, Others N300m Bail - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Justice Folashade Ogunbanjo-Giwa of the Federal High Court sitting in Abuja, on Thursday, granted bail to the Director General of National Broadcasting Commission, Ishaq Kawu Modibbo. 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