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Mompha blows hot as he reacts to N157m fraud allegation

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Popular Instagram socialite, Ismail Mustapha a.k.a Mompha, has finally reacted to claims that he is entangled in a N157.1 million fraud charge.

It was earlier reported that the Nigerian Dubai-based celebrity was named by EFCC in a fresh N157.1million fraud charge filed against an auto dealer, Sarumi Babafemi, alias 606.

It was alleged that on Monday, February 1, the EFCC brought an amended nine-count charge of January 22, 2021, against him, Babafemi, and two others, before Justice Chukwujeku Aneke.

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The two other suspects are Ridwan Momodu Allison, a.k.a. Osama (said to be at large) and Richard Ogbah.

They were all accused of laundering N157.1 million for Omojadesola Shittu Allison; Olandewaju Oriyomi; Abiola Kayode Ayorinde; Bartholomew Oluchukwu Ezeudoka and Amobi Uchenna E. who reportedly received the sums of N37.6 million; N93 million; N1.5 million and N25 million respectively.

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Reacting to the allegations, Mompha took to his Instagram page to share a screenshot of the news and tagged it as “lies”. He emphatically stated that the news is false and warned news outlets to stop tarnishing his image.

He wrote,

“why all this lies 😡😡😡 Please stop tarnishing my image because none of this is true Abeg ooo i no want wahala ooo una won use my name trend abi”

See his post below,

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