Why Mompha Was Arrested Again- EFCC explains
Suspected internet fraudster, Mompha, with full name Ismailia Mustapha has been re-arrested by men of the Economic and Financial Crimes Commission (EFCC) for laundering funds obtained through unlawful activities.
He was arrested on January 10, 2022 and is currently standing trial alongside his company, Ismalob Global Investment Limited on charges of cyber fraud and money laundering to the tune of N32.9B.
This was made known by the EFCC spokesman, Wilson Uwujaren in a statement, titled, ‘EFCC re-arrests Mompha for alleged money laundering.’
According to the statement; “The account of one of his companies, Ismalob Global Investment Limited Bank, a Bureau de Change company, domiciled in a new generation bank, was allegedly used to launder funds derived from unlawful activities.”
Recall that Mompha was arrested by the Nigeria Immigration Service (NIS) at the Nnamdi Azikiwe International Airporton October 18, 2019 while boarding an Emirates Airline flight to Dubai, following a watchlist by the EFCC.
