Mompha debunks report of re-arrest by EFCC (Video)

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Popular businessman, Ismaila Mustapha, widely known as Mompha, debunks reports of his re-arrest and subsequent arraignment by the Economic and Financial Crimes Commission (EFCC) on charges of money laundering amounting to N6 billion. In a live video streamed on his verified Instagram account on Friday, Mompha clarified that he had not been arrested contrary to reports.

"Idan is enjoying in Dubai" — Mompha debunks report of arrest by EFCC (Video)

He further substantiated his statement by engaging in playful activities and dancing to Timaya‘s song “Sweet Us,” aiming to demonstrate his freedom and refute the inaccurate reports of being in the EFCC’s custody.Trending:Another Nigerian lady set to break Guinness World Record as she begins counting of rice grains (Video) Additionally, Mompha released a statement titled “Idan was not arrested by EFCC; 33BG is not in EFCC custody,” calling on the EFCC to refrain from conducting a trial by media. He clarified that he is not under the EFCC’s custody and will appear in court on July 3, 2023. Mompha’s statement on alleged re-arrest “IDAN WAS NOT REARRESTED BY EFCC; 33BG IS NOT IN EFCC CUSTODY Contrary to the recent publication in most media platforms in Nigeria that I, Mompha was rearrested by the EFCC. I want to use this medium to expose the corrupt and mischievous commission again that I was neither rearrested nor am I in the custody of the EFCC. This assertion by the EFCC is laughable because I am currently not in Nigeria more or less rearrested either in Nigeria. I hereby urge the commission to desist from this insensible media trial and stop misleading people through the press/media that I am in your custody and would produce me before the Court on the 3rd of July. It has now become very clear that the only motive of the EFCC is to witch-hunt me and use my name MOMPHA to trend anytime they are looking for cheap media relevance. One would think Mompha would be the least of their worries during this period of change in government, and occupy themselves with task of going after the corrupt politicians who are impoverishing the ordinary Nigerians. I want to thank my teeming fans and well wishers, who are concerned about my wellbeing and safety and I want to assure you all that I and my family are fine and currently enjoying ourselves in Dubai, away from the intimidation and harassment of the EFCC and the corrupt Nigeria judicial system.” Watch the video below …

Mompha re-arrested by EFCC on alleged N6bn money laundering

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Popular Instagram celebrity Mompha has been reportedly re-arrested by EFCC over an alleged N6 billion money laundering. Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos has confirmed the arrested of Ismaila Mustapha, better known as Mompha.

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Recall that in 2022, Economic and Financial Crimes Commission, EFCC, declared Mompha wanted  The anti-graft agency arraigned Mompha and his company, Ismalob Global Investment Ltd, for alleged fraud and accused the socialite and his company of N6 billion fraud in 2022. In a new development, it has been reported that Mompha has been re-arrested by EFCC on same count, money laundary. However, Justice Dada has revoked the N25 million bail variation granted to Mompha and issued a bench warrant for his arrest due to his failure to appear in court.

Mompha regains freedom after court granted his bail variation application

Mompha regains freedom after court granted his bail variation application

Internet celebrity, Ismaila Mustapha a.k.a Mompha, has regained his freedom two months after he was re-arrested for laundering funds obtained through unlawful activities and retention of alleged proceeds of crime.

Reports say the socialist was freed shortly after the court presided over by Justice Mojisola Dada upheld the variation of his bail application to N25million.
He is also to provide two sureties to consolidate the N200million bail bond earlier granted by the same court when he was arraigned in January.
On Monday, March 28, his counsel, Gboyega Oyewole, SAN, applied for a variation of his bail conditions and informed the court that the defendant has submitted his international passport to the court registrar.
He premised his request on the fact that Mompha is also standing trial at the Federal High Court and “he never missed court for one day”.

“Most important my lord is that the defendant wants to engage the prosecution on the charges,” he said.
EFCC’s counsel, Rotimi Oyedepo, who acknowledged receipt of the defence’ application, left the decision to the discretion of the Court.
Approving his application for bail variation, Justice Dada granted bail to Mompha in the sum of N25 million with two sureties in like sum, one of whom must own a property worth N50 million within the jurisdiction of the Court.