Mompha In EFCC Custody: Rearrested Over Alleged ₦6b FraudJanuary 12, 2022
Famous web-based media superstar, Ismailia Mustapha, otherwise called Mompha, has been rearrested and in the custody of the Economic and Financial Crimes Commission (EFCC).
Mompha is currently under the custody of EFCC. He and his organization, Ismalob Global Investment Limited were re-summoned before Justice Mojisola Dada of an Ikeja Special Offenses Court over supposed N6b misrepresentation.
The two respondents were affirmed to have washed assets acquired through unlawful exercises and maintenance of supposed returns of wrongdoing for a speculate Olayinka Jimoh (Nappy Boy), and unlawful exchange of assets for a record name, among others.As indicated by the counter unite organization, the respondents washed the amounts of N5million, N32million, N120million and N15milion totalling over N6billion for the suspect.
The EFCC additionally asserted that Mompha disguised his wrongdoings into costly wristwatches and other versatile resources esteemed at over a N70million. Mompha, be that as it may, argued not blameworthy to the eight counts when they were perused to him in court while Islamob Limited (addressed by Mompha) additionally argued not liable to the initial six counts. Following his supplication, the arraigning counsel, Rotimi Oyedepo, implored the court for a preliminary date and for the remand of the respondent.
Protection counsel, Gboyega Oyewole (SAN), notwithstanding, educated the court that the safeguard had documented the respondent’s bail application. Equity Dada, from that point, suspended till January 18, 2022, for a becoming aware of the bail application, while the respondent was remanded in the guardianship of the EFCC.
Ismaila Mustapha who is fondly known as Mompha is a Nigerian social media big boy who is known for his extravagant spending and lifestyle. Ismaila Mustapha shuttles between Nigeria and the UAE. He is often seen in the Emirates whenever he is not in Nigeria. He owns Mompha Bureau De Change, Located at Bankole Street, Balogun in Lagos Island, he is also the Chief Executive Officer (CEO), of Mompha Bureau De Change, Lagos Island.