Categories: metro

Alleged money laundering: Court grants Mompha N200m bail

Popular socialite, Ismaila Mustapha popularly known as Mompha, was on Tuesday granted bail in the sum N200 million by the Justice Mojisola Dada-led Ikeja Special Offences Court.

The court also requested two sureties, one of which must own a property valued at N100 million within its jurisdiction.
The Economic and Financial Crimes Commission has re-arrested Mompha for alleged money laundering.
In a statement signed by the agency’s Head, Media & Publicity, Wilson Uwujaren; Mompha was re-arrested for laundering funds obtained through unlawful activities and retention of alleged proceeds of crime
Mompha was arrested on January 10, 2022.
The statement said, “Operatives of the Lagos Command of the Economic and Financial Crimes Commission, EFCC, have re-arrested a suspected internet fraudster, Ismailia Mustapha, for laundering funds obtained through unlawful activities and retention of alleged proceeds of crime.”

Trends Admin

Recent Posts

BREAKING: Super Eagles qualify for AFCON 2025

BREAKING: Super Eagles qualify for AFCON 2025 The Super Eagles of Nigeria have secured their…

3 hours ago

Disaster averted as bird strike hits Abuja-Lagos Air Peace flight

Disaster averted as bird strike hits Abuja-Lagos Air Peace flight    An Abuja-Lagos flight was…

5 hours ago

NNPC achieves 1.8mbpd crude oil production

NNPC achieves 1.8mbpd crude oil production The Nigerian National Petroleum Company Limited (NNPC Ltd) and…

5 hours ago

BREAKING: FEC proposes N47.9 trillion budget for 2025 fiscal year

BREAKING: FEC proposes N47.9 trillion budget for 2025 fiscal year The federal government has unveiled…

5 hours ago

EFCC arrests ex-NCMB boss over $35m energy project fraud

EFCC arrests ex-NCMB boss over $35m energy project fraud The Economic and Financial Crimes Commission (EFCC)…

6 hours ago

FG gets fresh $134m loan from AfDB for agric projects

FG gets fresh $134m loan from AfDB for agric projects The Federal Government has secured a…

6 hours ago