Court Grants Mompha N100m Bail

Ismaila Mustapha

Ismaila Mustapha, popularly known as Mompha has been granted N100m bail to by a Federal High Court in Lagos on Friday.

Mompha was arraigned for alleged N33billion fraud by the Economic and Financial Crimes Commission(EFCC).

The suspected money launderer was arrested by the anti-graft agency on October 19 at the Nnamdi Azikiwe International Airport, Abuja.

Mompha, who had become popular on social media (Instagram) for flaunting a flamboyant lifestyle, was subsequently remanded in the anti-corruption agency’s custody after a court order.

Read Also: Fraud: Court Remands Mompha’s Lebanese Associate

Meanwhile, his Lebanese associate, alongside one other have been remanded in prison pending the continuation of their trial and bail application.


Please enter your comment!
Please enter your name here