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Ismaila Mustapha, popularly known as Mompha granted N100m bail after pleading not guilt

Dubai based, Nigeria alleged fraudster Ismaila Mustapha famously known as Mompha, has reportedly been granted bail by the federal high court sitting in Lagos on Friday, November 29, 2019. As reported by The Nation, Mompha, who was arraigned by the Economic and Financial Crime Commission (EFCC), was allowed one hundred-million-naira (N100m) bail.

The alleged fraudster was arraigned on Monday, November 2, on a 24-count charge concerning money laundering to the tune of thirty-three-billion Naira (N33b). He was arrested on Saturday, October 2019 and had since been remanded in the EFCC’s custody following a court order.

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