Alleged fraud: Court dismisses Mompha’s ‘No Case Application’

A “no- case application” filed by Ismaila Mustapha aka Mompha has been dismissed by Federal High Court sitting in Lagos.

Mompha alongside his company, Ismalob Ventures is currently standing trial over an alleged N32.9 billion internet fraud.

Justice Mohammed Liman who ruled on the case, said the court is convinced that the prosecution has established a prima facie case against the defendants with evidence and testimonies presented, and will want them to give an explanation.

Mompha and his co-defendant, Ismalob Global Investment Limited who are currently facing a 22 count criminal charge bordering on money laundering, were then directed to open their defence.

The Dubai-based Nigerian businessman, recently shared his regret of returning to Nigeria which he described as a “disaster”.

In a post he shared via his Instastory, Mompha who has an ongoing court case centered on money laundering expressed hope of all his challenges becoming a thing of the past. Sharing a picture of himself, he wrote;

“2 years ago when you don’t knw coming to ur country will be a disaster. Surely it will all come to past”