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Court orders Mompha’s arrest, revokes N200m bail


A Special Offences Court sitting in Ikeja, Lagos State has ordered the arrest of a social media celebrity, Ismaila Mustapha, popularly known as Mompha, on Wednesday.

According to a statement released by the Economic and Financial Crimes Commission, Justice Mojisola Dada of the Ikeja court also revoked Mompha’s N200,000m bail.

Punch Metro reported that the EFCC had on January 12 arraigned Mompha and his company, Ismalob Global Investment Ltd, to court over N6bn money laundering charges.

The defendant and his company “are being prosecuted by the EFCC, on an eight-count charge bordering on conspiracy to launder funds obtained through unlawful activity, retention of proceeds of criminal conduct, laundering of funds obtained through unlawful activity, failure to disclose assets and property, possession of documents containing false pretence and use of property derived from unlawful act.”

The court had on March 28, ordered Mompha to submit his international passport to court after his bail sum was reduced from N200m to N25m. The matter was adjourned to June 16, 2022, for further consideration on the bail application.

After being granted bail, EFCC’s prosecuting counsel, Rotimi Oyedepo, told the Ikeja High Court on June 11 that Mompha breached the terms of his bail by procuring a new passport and travelling to Dubai on April 11.

However, Mompha failed to appear in court on June 16 forcing the judge to adjourn the case to June 22.

After failing to appear in court today, Justice Dada of the Special “revoked the N200m bail earlier granted to one Ismaila Mustapha, popularly known as Mompha, and also issued a bench warrant for his arrest,” the EFCC statement read.

She adjourned further proceeding till June 30, 2022.