Africa-Press – Nigeria. The Economic and Financial Crimes Commission (EFCC) has taken suspected fraudster, Ismailia Mustapha a.k.a. Mompha, to court.
He was arraigned on Wednesday before Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos.
The acclaimed Bureau De Change dealer was arrested on Monday for alleged money laundering.
EFCC accuses him of obtaining money through unlawful activities and retention of alleged proceeds of crime.
Mompha and his company, Ismalob Global Investment Limited, are facing trial. The amended 22 charges border on cyber fraud and others to the tune of N32.9 billion.
He was first apprehended on October 18, 2019, at the Nnamdi Azikiwe International Airport while boarding an Emirates flight to Dubai.
The popular socialite is alleged to have received illicit funds on behalf of ‘Yahoo boys’ and got varying commissions.