Money Laundering: EFCC declares Mompha wanted
The Economic and Financial Crimes Commission, EFCC, on Wednesday declared popular Instagram celebrity, Ismaila Mustapha, aka Mompha, wanted.
The Anti-graft agency urged Nigerians with information on Mompha’s whereabouts to contact the nearest police station.
EFCC disclosed this via its Twitter handle on Wednesday.
“Wanted by the EFCC: Ismaila Mustapha. Anyone with useful information as to his whereabouts should contact the EFCC or the nearest police station,” EFCC wrote.
WANTED BY THE EFCC: ISMAILA MUSTAPHA
— EFCC Nigeria (@officialEFCC) August 3, 2022
The anti-graft agency had arraigned Mompha and his company, Ismalob Global Investment Ltd, for alleged fraud.
The charges are said to border on conspiracy to launder funds obtained through unlawful activity, retention of proceeds of criminal conduct and laundering of funds obtained through unlawful activity.
Others are; failure to disclose assets and property, possession of documents containing false pretence and use of property derived from unlawful act.
One of the counts reads:
“Ismaila Mustapha, Ahmadu Mohammed (at large) and Ismalob Global Investment Limited, sometime in 2016, in Lagos, within the jurisdiction of this Honourable Court, conspired amongst yourselves to conduct financial transactions to the tune of N5,998,884,653.18 ( Five Billion Nine Hundred and Ninety-eight Million Eight Hundred and Eighty-four Thousand Six Hundred and Fifty-three Naira Eighteen Kobo) with the intent of promoting the carrying on of specified unlawful activities to wit: obtaining by false pretence.”
The defendant was said to have pleaded not guilty to the charges, prompting the commencement of his trial.