Alleged fraud, money laundering: Mompha to appear in court on Monday
The Economic and Financial Crimes Commission (EFCC) has filed a 14 count charge of alleged fraud and money laundering against internet celebrity, Ismaila Mustapha, popularly known as Mompha.
Mompha is to be arraigned before Justice Mohammad Liman of the Federal High Court, Ikoyi Lagos on Monday, November 25.
Channels Television reports that in the first charge, the EFCC said that between 2015 & 2018, Mompha procured Ismalob Global Investment Ltd to retain the sum of over N18bn in its account domiciled in Fidelity bank. A sum suspected to be proceeds of crime.
The EFCC said this is an offence contrary to Sections 18 (c) and 15 (2)(d) of the Money Laundering Prohibition Act, 2011 as amended and punishable under section 15 (3) of the Act.
Recall that Mompha had filed a Fundamental Human Rights Enforcement Suit before the Lagos High Court to challenge his continued detention by the EFCC.
He asked the court to award him N5m in damages against the EFCC for what he called his unlawful detention.