Operatives of the Economic and Financial Crimes Commission (EFCC), Lagos state command, have detained popular Nigerian businessman Ismailia Mustapha, often known as Mompha, for allegedly laundering cash earned via criminal operations and retaining alleged profits of crime.
Mompha, who was detained on January 10th, is currently on trial with his firm, Ismalob Global Investment Limited, on an amended 22-count allegation of cyber fraud and money laundering worth N32.9 billion presented by the EFCC.
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EFCC spokesman, Wilson Uwujaren, who confirmed his arrest to the press in a statement, titled, ‘EFCC re-arrests Mompha for alleged money laundering.’ said Mompha will be charged to court soon.
The statement reads
”The account of one of his companies, Ismalob Global Investment Limited Bank, a Bureau de Change company, domiciled in Zenith Bank Plc, was allegedly used to launder funds derived from unlawful activities.
“Investigation has revealed a fraudulent transfer slip of $92, 412, 75 found in the suspect’s iPhone 8 device. He will soon be charged to court.”
