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EFCC Re-arrests Mompha Over N32.9bn Alleged Money Laundering, Others | READ DETAILS

Faith Ukanwa

Jan 11, 2022

Lagos state Command of the Economic and Financial Crimes Commission (EFCC), on Monday, January 10, 2022 re-arrested Ismailia Mustapha alias Mompha over alleged money laundering.

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A statement released by the anti-graft agency, socialite and Instagram celebrity Mompha is suspected to be an internet fraudster, laundering funds obtained through unlawful activities and retention of alleged proceeds of crime.

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"The suspect is currently standing trial alongside his company, Ismalob Global Investment Limited on an amended twenty two-count charge bordering on cyber fraud and money laundering to the tune of N32.9bn (Thirty-two Billion Nine Hundred Thousand Naira) brought against him by the EFCC."

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Recall that Mompha who has been on the EFCC's watchlist, was on October 18, 2019 arrested at the Nnamdi Azikiwe International Airport by the Nigeria Immigration Service while he was trying to board a flight to Dubai.

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— Faith Ukanwa

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