Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, State on Wednesday, November 16, 2022, adjourned the trial of one Ismaila Mustapha, also known as Mompha, over an alleged N6 billion fraud till December 16, 2022
The Lagos Zonal Command of the Economic and Financial Crimes Commission (.EFCC) is prosecuting Mompha alongside his company, Ismalob Global Investment Limited, on an eight-count charge bordering on conspiracy to launder funds obtained through unlawful activity, retention of proceeds of criminal conduct, laundering of funds.
The EFFC is also charging him for obtaining funds through unlawful activity, failure to disclose assets and property, possession of documents containing false pretence and use of property derived from unlawful act.
