Crime & Public Services1 posts
Mompha Re-Arrested for Money Laundering
The Economic and Financial Crimes Commission has announced that Mompha has been arrested again for alleged Money Laundering on Monday, January 10, 2022.
Ismailia Mustapha, also known as Mompha, has been arrested on suspicion of laundering funds said to be obtained through unlawful activities along with the retention of alleged proceeds of crime. Mompha and his company Ismalob Global Investment Limited are currently awaiting trial 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.