Monday, July 4, 2022

EFCC re-arrests Instagram celebrity, Mompha, over N32.9 billion money laundering allegation

The EFCC says Mompha laundered funds “obtained through unlawful activities” and retained crime proceeds.

• January 10, 2022
Mompha
Mompha [Photo credit: BBC]

Operatives of the Lagos Command of the Economic and Financial Crimes Commission (EFCC) have re-arrested suspected internet fraudster, Ismailia Mustapha, for laundering funds obtained through unlawful activities and retention of alleged proceeds of crime.

Mompha was arrested on Monday, January 10, 2022.

The suspect is currently standing trial alongside his company, Ismalob Global Investment Limited on an amended twenty two-count charge bordering on cyber fraud and money laundering to the tune of N32.9 billion brought against him by the EFCC.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

NASFAT (Credit: NASFAT)

NationWide

Insecurity: NASFAT backs installation of CCTVs in public places

The group said installing CCTVs in strategic public places would assist security agencies in having first-hand information in tackling crime and criminality.

Sport

Barcelona snap up Andreas Christensen on free transfer

The Danish international signs a lucrative four-year contract with a release clause of €500 million, and will be unveiled to the fans on Thursday.

voters

States

INEC begins mock accreditation ahead of Osun guber poll

At Polling Unit 5, Salvation Army School, Osogbo, registered voters that turned out for the mock exercise were accredited within 20 to 45 seconds.

World

Crisis-hit Sri Lanka records growth in tourist arrivals

The 8.8 per cent increase was despite the ongoing economic crisis, and surpassed the 400,000 mark in the first half of the year, says the country’s tourism ministry.

Africa

Ex-president of Benin appointed ECOWAS mediator for Guinea

Thomas Yayi Boni would replace Ghanaian diplomat Mohamed Ibn Chambas, who stepped down as the ECOWAS mediator.

Floating crane sinks in China

World

Twelve bodies found as floating crane sinks in China

Seven planes, 246 vessels, and 498 fishing boats had been mobilised to search for those still missing.