Popular Instagram celebrity, Ismailia Mustapha aka Mompha, has returned to the Special Offences Court in Ikeja, Lagos on Tuesday as his money laundering trial continues.
WuzupNigeria reported that Mompha was rearrested by the Economic and Financial Crimes Commission last Monday over retention of alleged proceeds from crime.
Mompha and his company, Global Investment Limited, were accused of conspiracy to launder funds obtained through unlawful activity, retention of such funds, transfer of funds for a suspect, Jimoh Olayinka Dolapo a.k.a Nappy Boy — the owner of NapTown records — and unlawful transfer of funds for a record label, among others.
The sums named in the charge are N5,998,884.653.18, N32million, N120million and N15,960,000, totalling over N6 billion.
Justice Mojisola Dada ordered that Mompha who is facing eight counts of aiding internet fraud and being in possession of fraudulent documents, be remanded in the EFCC custody pending the hearing of his bail application.
See photos below:
