Popular Nigerian businessman, Ismailia Mustapha, otherwise known as Mompha has been arrested by Operatives of the Economic and Financial Crimes Commission EFCC, Lagos state command, for allegedly laundering funds obtained through unlawful activities and retention of alleged proceeds of crime.
Mompha, who was arrested on Monday January 10, is currently standing trial alongside his company, Ismalob Global Investment Limited, on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N32.9 billion brought against him by the EFCC.
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.”
