Ismaila Mustapha a.k.a. Mompha
EFCC Rearraign Mompha For Allegedly Laundered N33.006bn
The Economic and Financial Crimes Commission (EFCC) today rearraigned Ismaila Mustapha and his company, Ismalob Global Investiment Limited on second amended charge of 22 counts of money laundering, before a federal high Court, Lagos.
Mompha and his company were first arraigned sometimes in November 2019, before the court presided over by Justice Mohammed Liman on a 14 count-count charge of the offence.
The alleged offences according to prosecution are contrary to sections 15 (2) and 18 (3) of yhe money laundering prohibition Act, 2011, as amended.
Mompha had pleaded not guilty to the charge and he was admitted to bail with some terms.
The prosecution had called four witnesses who testified before the court.
At the resumed hearing of the matter today, EFCC through its lawyer, Rotimi Oyedepo, informed the court of his agency’s of the second amended charge and pleaded with the court to let the amended charge of 22 counts, be read to the defendant, Mompha, so that his plea can be retaken.
Following the reading of the 22 counts charge to the defendant, he pleaded not guilty.
Upon Mompha’s not guilty plea, his lawyer, Mr Gboyega Oyewole (SAN) who led Moyosore Ogunlewe, Ademola Adefolaju, Kolawole Salami and others, informed the court that the amended charge was served on him and the defendant few minutes before the court sitting.
Oyewole (SAN) thereore asked the court for a short date to enable the defence teams to study the additional counts of the charge.
The prosecutor, Mr. Oyedepo did not oppose the adjournment sought for by yhe defence team. Consequently, with the agreement of parties, Justice Liman adjourned till March 18 and 20, for continuation of trial.
In the new amended EFCC alleged that Mompha procured his company, Ismalob Global Investiment Limited to retain tje sum of N33.006,026,806 billion between 2015 and 2018.
He was also alleged to have failed to inform the anti-graft agency in writing within seven days before making various huge amounts of money to several people who includes Ikechukwu Kingsley; Ojei Osemeke; one Onuskain; Okafor Ikenna; Ik Tony Global Communication; Ogbu C &C Ventures.
He was also said to have engaged in foreign exchange transaction without complying with the requirements of submitting to the Federal Ministry of Industry, Trades and Investiment.
He was also alleged to have procured one Ahmed Sarki (now deceased) to make cash payment of €765, 657, 00 Euro in a commercial bank, to a company, Pitacalize Limited.
The offences the antigarft agency are contrary to sections 18(c), 15(2)(d), 10, 5, 29(1)(c), 18(c) of the Money Laundering Prohibition Act 2011 and punishable under secions 15(3), 16(1)(f) of the same Act and Sections 29(2), 16(2) of the same Act.
The offence was also said to contravened section 39(2)(a) of the EFCC Act, 2004.