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Mompha Re-arrested By EFCC On Alleged N6bn Money Laundering

Popular Instagram celebrity Mompha has been reportedly re-arrested by EFCC over an alleged N6 billion money laundering.

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos has confirmed the arrested of Ismaila Mustapha, better known as Mompha.

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Recall that in 2022, Economic and Financial Crimes Commission, EFCC, declared Mompha wanted.

The anti-graft agency arraigned Mompha and his company, Ismalob Global Investment Ltd, for alleged fraud and accused the socialite and his company of N6 billion fraud in 2022.

In a new development, it has been reported that Mompha has been re-arrested by EFCC on same count, money laundary.

However, Justice Dada has revoked the N25 million bail variation granted to Mompha and issued a bench warrant for his arrest due to his failure to appear in court.

 

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