Alleged N6bn Fraud: Court Revokes Mompha’s Bail, Orders Arrest

A Special Offences Court in Ikeja has ordered the arrest of social media celebrity, Ismaila Mustapha, popularly known as Mompha.

Alleged N6bn Fraud: Court Revokes Mompha's Bail, Orders Arrest
Alleged N6bn Fraud: Court Revokes Mompha’s Bail, Orders Arrest

Justice Mojisola Dada ordered his arrest for failing to appear in court on two scheduled dates for his trial.

The Economic and Financial Crimes Commission (EFCC) is prosecuting Mompha on an 8-count charge of conspiracy and money laundering of over N6 billion. He is being prosecuted alongside his company, Ismalob Global Investment Limited.

Mompha was arrested on January 10 by the EFCC but was arraigned and granted bail.

His matter could not proceed due to his absence at the last adjourned date.

The EFCC lead counsel, Rotimi Oyedepo, asked the court for another stand down, but the judge returned the request.

Oyedepo told the court that the development shocked him.

He urged the court to allow the defence to speak to his client and put him on the speaker to confirm the position of things.

The judge said she was dissatisfied with the excuse given by Mompha’s counsel. Oyedepo then urged the court to order Mompha’s arrest.

“My Lord should issue a warrant of arrest on the production of the defendant before your lordship,” Oyedepo said.

Justice Dada thereafter revoked the defendant’s bail and ordered his arrest.

She adjourned further proceedings till June 30.

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