Dubia based entrepreneur, Ismaila Mustapha commonly known as Mompha will appear in Federal High Court in Lagos before Justice Mohammed Liman on Monday, 25th November 2019. The Economic and Financial Crimes (EFCC) filed a 14-count charge of alleged fraud and money laundering against Mompha who happens to be the owner of Ismalob Global Investment Ltd.
In addition, EFCC made it known to the public that the charges was displayed on their Facebook official page. Mompha and his company would be arraigned according to EFCC. The Commission announced that the charges are on money laundering to the tune of billions of naira. Mompha was arrested as a result of several actionable intelligence connecting him to money laundering on Friday, 18 October, 2019.
See the charge sheet below;