Operatives of the Lagos Command of the Economic and Financial Crimes Commission (EFCC) have re-arrested a suspected Internet fraudster, Ismailia Mustapha, for laundering funds obtained through unlawful activities and retention of alleged proceeds of crime.
EFCC spokesperson, Wilson Uwujaren, through a statement revealed that Mustapha, also known as Mompha, who was arrested on Monday, January 10, 2022, is currently standing trial alongside his company, Ismalob Global Investment Limited, for laundering.
He stated that the offence was an amended twenty-two-count charge bordering on cyber fraud, and money laundering to the tune of N32.9bn (Thirty-two Billion Nine Hundred Thousand Naira) brought against him by the EFCC.
Recall that the suspect had earlier been arrested on October 18, 2019, at Nnamdi Azikiwe International Airport while boarding an Emirates Airline flight to Dubai by the staff of the Nigeria Immigration Service, following a watch list by the EFCC.
Mompha is accused of receiving illegal funds on behalf of internet fraudsters through his registered companies in return for commissions.
According to the statement, 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.
The EFCC says he will soon be charged to court.
Mompha has had several run-ins with the EFCC in the last two years.
