Ismailia Mustapha, popularly known as Mompha, was re-arrested by the Economic and Financial Crimes Commission on Monday for laundering cash earned via criminal operations and retention of alleged profits of crime.
Wilson Uwujaren, the anti-graft agency’s spokesman, confirmed this in a statement on Monday.
The suspect was apprehended by EFCC operatives from the Lagos Command, who are now on trial with his business, Ismalob Global Investment Limited, on an amended 22-count charge of cyber fraud and money laundering in the amount of N32.9 billion levelled against him by the anti-graft agency.
Mompha was earlier arrested on October 18, 2019 at the Nnamdi Azikiwe International Airport, Abuja, while boarding an Emirates Airline flight to Dubai, United Arab Emirates by the staff of the Nigeria Immigration Service as a result of his being on the watchlist of the EFCC.
Mompha is alleged to have used his registered companies to receive illicit funds on behalf of “Yahoo Boys” from across the world in return for a commission.
The EFCC spokesman informed that the account of one of his companies, Ismalob Global Investment Limited, a Bureau de Change company, was allegedly used to launder funds derived from unlawful activities.
Uwujaren added that investigation has revealed a fraudulent transfer slip of $92,412,75 found in the suspect’s iPhone 8 device, informing that Mompha will soon be charged to court.
