By Chris Udochukwu
Abuja (Precise Post) – The Economic and Financial Crimes Commission (Lagos State Command) on Monday confirmed the arrest of a suspected internet fraudster, Ismailia Mustapha, popularly known as Mompha, for allegedly, laundering funds obtained through unlawful activities and retention of proceeds of crime.
The EFCC spokesman, Wilson Uwujaren, confirmed this in a statement, titled, ‘EFCC re-arrests Mompha for alleged money laundering.’
According to the statement, Mompha who was arrested on Monday, is currently standing trial alongside his company, Ismalob Global Investment Limited, on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N32.9 bn brought against him by the EFCC.
Recall that Mompha had earlier been arrested by the Nigeria Immigration Service at the Nnamdi Azikiwe International Airport on October 18, 2019, while boarding an Emirates Airline flight to Dubai, following a watchlist by the EFCC.
The statement read, “The account of one of his companies, Ismalob Global Investment Limited Bank, a Bureau de Change company, domiciled in Zenith Bank Plc, was allegedly used to launder funds derived from unlawful activities.
“Investigation has revealed a fraudulent transfer slip of $92, 412, 75 found in the suspect’s iPhone 8 device. He will soon be charged to court.”
He is alleged to have used his registered companies to receive illicit funds on behalf of cyber fraudsters from across the world in return for commissions. (Punch).
