ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, September 17, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

N6.5bn Fraud: EFCC Resumes Mompha’s Trial In Absentia

by Olugbenga Soyele
2 years ago
in News
mompha
Share on WhatsAppShare on FacebookShare on XTelegram

The Economic and Financial Crimes Commission (EFCC) has called its sixth witness in the ongoing trial of social media celebrity, Ismailia Mustapha, also known as, Mompha, who is facing trial over an alleged N6.5 billion money laundering case.

Advertisement

Mompha was arraigned alongside his firm, Ismalob Global Investment Limited, before Justice Mojisola Dada of the Lagos State Special Offences Court in Ikeja over an eight-count charge of conspiracy to launder funds obtained through unlawful activity.

But on November 16, 2022 the EFCC informed the judge that the defendant had jumped bail and that all efforts to re-arrest him had failed.

The development made the court order that the trial of Mompha will continue in absentia after it revoked his bail.

The anti-graft agency had also alleged that the defendant retained the funds, transferred the funds to a suspect Olayinka Jimoh a.k.a Nappy Boy, and unlawful transfer funds for a record label, among others.

Related News

Akwa Ibom Clamps Down On Illegal Schools

7 minutes ago

Poor Diagnostic Capacity Driving Misdiagnosis Of Acute Fever In Nigeria – US CDC

13 minutes ago

The following sums were listed by the anti-graft agency to have been laundered by the defendant including N5,998,884.653.18, N32 million, N120 million and N15,960,000, totalling over N6.5 billion.

The commission further alleged that Mompha concealed his interest in inexpensive wristwatches and other movable assets valued at over N70 million.

He, however, pleaded not guilty to the eight counts while Islamob Limited (represented by Mompha) which was named in the first six counts also pleaded not guilty.

At the resumption of the trial, the EFCC counsel, Sani Suleiman called the witness, Elijah Adegboye, a compliance officer with Access Bank, who told the court that the bank received an investigation letter from an anti-graft agency asking it to supply some documents.

Adegboye testified that in compliance with the request of the EFCC, the bank furnished the anti-graft agency with the requested documents.

He thereafter identified the said response of the bank to EFCC, which was a bundle of documents that included the statement of account of one Naptown Records.

He said, “I confirm that the various entries stated in this statement of account are as contained in the bank’s database

“The process of the production of this document is in the normal process of business and the computer and printer used were in a functional state as at the time the documents were generated.”

Thereafter, the prosecutor applied to tender the bundle of documents in evidence against the defendant.

There was no objection from the defence counsel, Kolawole Salami.

The bundle of documents was thereafter admitted as an exhibit against Mompha.

Under cross-examination by Salami, the witness confirmed that he was a compliance officer with the bank and had more than a decade of experience working with the bank.

He testified further under cross-examination that, “Access Bank engages in a lawful business and is a lawful corporate organization.”

 

Join Our WhatsApp Channel

Tags: Economic and Financial Crimes Commission (EFCC)Mompha
SendShare10179Tweet6362Share

Other News Updates

News

Akwa Ibom Clamps Down On Illegal Schools

2025/09/17
Health

Poor Diagnostic Capacity Driving Misdiagnosis Of Acute Fever In Nigeria – US CDC

2025/09/17
News

Stop Painting Dangote As Villain, Ndume Slams Oil Workers

2025/09/17
News

‘Traditional Rulers’ Role Key In Tackling Insecurity’, Says Olu Of Warri

2025/09/17
News

Activities Of ‘Yahoo Boys’ Costing Innocent Nigerians US Visas – EFCC

2025/09/17
News

Anglican Bishop Of Uyo Diocese Owen Ukafia Dies

2025/09/17
Leadership Conference advertisement

LATEST

Akwa Ibom Clamps Down On Illegal Schools

Poor Diagnostic Capacity Driving Misdiagnosis Of Acute Fever In Nigeria – US CDC

WAC: Nigeria’s Nathaniel Breaks 38-yr Jinx, Qualifies For 400m Hurdles Final

Governor Adeleke Not Defecting To ADC Or Any Party, Say Osun Government

Stop Painting Dangote As Villain, Ndume Slams Oil Workers

‘Traditional Rulers’ Role Key In Tackling Insecurity’, Says Olu Of Warri

Activities Of ‘Yahoo Boys’ Costing Innocent Nigerians US Visas – EFCC

Anglican Bishop Of Uyo Diocese Owen Ukafia Dies

Police Clear Pastor Adefarasin, Say Object In Viral Video Not Weapon

WAC: Jefferson-Wooden, Jackson Breeze Into Women’s 200m Semifinals

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.