Dubai-based Ismaila Mustapha, famously known as Mompha, a Nigerian social media personality, has been re-arrested by agents of the Economic and Financial Crimes Commission (EFCC), Lagos state command, just three days after arriving in Nigeria for business.
He was reportedly re-arrested for allegedly laundering funds obtained through illegal activities and keeping alleged proceeds of crime, according to reports.
Prior to his re-arrest on Monday, January 10th, 2022, the Dubai-based celebrity was facing charges of N32.9 billion in cyber fraud and money laundering with his firm, Ismalob Global Investment Limited.
In a statement captioned ‘EFCC re-arrests Mompha for alleged money laundering,’ EFCC spokesman Wilson Uwujaren confirmed his re-arrest, and said:
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.
