EFCC re-arrests Mompha for alleged money laundering
The Economic and Financial Crimes Commission (EFCC) Lagos state command officials, have re-arrested Dubai-based businessman, Ismailia Mustapha, popularly known as Mompha, for allegedly laundering funds obtained through unlawful activities and retention of alleged proceeds of crime.
Mompha, who was reportedly 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.
Confirming his re-arrest to newsmen, EFCC spokesman, Wilson Uwujaren, 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.”
Mompha had earlier been arrested by the Nigeria Immigration Service at the Nnamdi Azikiwe International Airport on October 18, 2019, while boarding an Emirates Airline flight to Dubai, following a watchlist by the EFCC. Mompha is alleged to have used his registered companies to receive illicit funds on behalf of cyber fraudsters from across the world in return for commissions.