Mompha Admits To 2 Counts Of Charges Leveled Against Him, Wristwatches Worth N20Million Also Recovered From Him

EFCC has shared a few photos of billionaire big boy Mompha who is in their custody, and three expensive wristwatches which they have retrieved from him. In the photos, Mompha looked haggard in a black Fendi T-shirt, yet wore a lopsided smile.

They disclosed this development on Twitter ;

“The EFCC, Lagos office, has arrested a renowned Social Media celebrity, Ismaila Mustapha popularly known as Mompha for an alleged involvement in internet related fraud and money laundering.

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The suspect, a premium and first class customer of one of the popular international airlines, was arrested on Friday 18, October 2019 at the Nnamdi Azikiwe International Airport, Abuja on his way to Dubai Emirate following series of intelligence reports received by the Commission.“

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According to the EFCC operatives, “actionable cross border intelligence received from collaborative law enforcement agencies about his alleged involvement in the criminal activities further strengthened our suspicion,”

Ismaila who allegedly perpetrates his fraudulent activities under the guise of being a Bureau de Change operator is always seen with his little son flaunting huge amount of foreign currencies on his social medial platforms.

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Investigations have also revealed that Ismaila is only using the BDC business, he jointly owned with his siblings, as a decoy to launder his proceeds of crime.“

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The rest of their statement is below;

Alleged Internet fraud, Money Laundering: EFCC Arrests Ismaila Mustapha, a.k.a Mompha
 
The EFCC, Lagos office, has arrested a renowned Social Media celebrity, Ismaila Mustapha popularly known as Mompha for an alleged involvement in internet related fraud and money laundering. pic.twitter.com/i7oTTjtS1l

— EFCC Nigeria (@officialEFCC) October 22, 2019

However, the suspect has volunteered useful information to the operatives and has admitted to be reasonably involved in the first two cases he was alleged to be involved.

— EFCC Nigeria (@officialEFCC) October 22, 2019

At the point of arrest, five wristwatches with a total worth of over twenty million naira (N20, 000, 000: 00) was recovered from him.
The suspects will soon be charged to court as soon as investigation is concluded.

— EFCC Nigeria (@officialEFCC) October 22, 2019

Source: africacelebrities.com