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N2.5 Billion Payment To Pinnacle: Lai Mohammed Takes Responsibility - Politics - Nairaland

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N2.5 Billion Payment To Pinnacle: Lai Mohammed Takes Responsibility by damilare442: 3:27pm On Jul 04, 2019
Former Minister of Information Lai Mohammed has finally made a statement to the ICPC investigators taking responsibility for the approval of the N2.5 billion payment to Pinnacle Communications Limited by the National Broadcasting Commission under the Digital Switch Over (DSO) project.

In his statement dated June 13, 2019, made available to defence counsel in the alleged fraud case brought against the NBC DG Ishaq Modibbo Kawu and executives of Pinnacle Communications Limited, Lai Mohammed said he approved the payment “on the strength of” particular reference to section 11.2 (c) of the White Paper governing Implementation of the DSO in Nigeria by the NBC DG in recommending the payment to him for approval.

Lai .Mohammed said section 11.2(c) of the White Paper “directed the NBC to put in place necessary conditions and ensure that close to a level playing field is achieved in reference to the significant advantage over new entrants enjoyed in the DSO ecosystem by the Government Signal Distributor, in this case the ITS that came out of the Nigerian Television Authority (NTA) which already had 157 transmission sites spread across Nigeria.”


The former minister added that the recommendation letter from NBC also recalled that ITS had already been paid N1.7 billion for DSO rollout in three states and therefore noted that the payment of N2.5 billion to Pinnacle Communications Limited would represent close to a level playing field that the White Paper called for.

https://www.thisdaylive.com/index.php/2019/07/04/n2-5-billion-payment-to-pinnacle-lai-mohammed-takes-responsibility/

Re: N2.5 Billion Payment To Pinnacle: Lai Mohammed Takes Responsibility by Johnnyessence(m): 4:09pm On Jul 04, 2019
Lai Mohammed should be jailed .
Re: N2.5 Billion Payment To Pinnacle: Lai Mohammed Takes Responsibility by miteolu(m): 4:17pm On Jul 04, 2019
He who lies shall steal
Re: N2.5 Billion Payment To Pinnacle: Lai Mohammed Takes Responsibility by CodeTemplar: 4:26pm On Jul 04, 2019
APC is changing their own lives before others'. That's logical but will internet warriors take that as it is? Don't think so.
Re: N2.5 Billion Payment To Pinnacle: Lai Mohammed Takes Responsibility by kapelvej: 4:50pm On Jul 04, 2019
Thief and a liar, bad combination

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