The Economic and Financial Crimes Commission (EFCC) yesterday arraigned a Dubai-based internet celebrity, Ismailia Mustapha, aka Mompha and his firm, Ismalob Global Investment Limited for alleged money laundering to the tune of over N6 billion.
The agency arraigned Mompha and Ismalob before Justice Mojisola Dada of an Ikeja Special Offences Court on eight-counts charge bordering on the offences.
The counts were conspiracy to launder funds obtained through unlawful activity, retention of such funds, transfer of funds for a suspect Olayinka Jimoh a.k.a Nappy Boy, and unlawful transfer of funds for a record label, among others.
The sums named in the charge seen by The Nation are N5, 998,884.653.18, N32 million, N120 million and N15, 960,000, totaling over N6 billion.
The EFCC also alleged that Mompha concealed his interest in expensive wristwatches and an iPhone valued at over N70 million.
They are a “Rolex Oyster Perpetual Wristwatch, Audemars Piguet Wristwatch, Audemars Piguet-J46220 Wristwatch, XY Hublot-1321920 Wristwatch, XY Hublot-924206 Wristwatch and an iPhone 8 with Serial No CBPVF1KJC6C worth over N70 million.”
Leave a Reply