Court Orders Interim Forfeiture Of 4 Luxury Glasses And Watches Worth More Than N60m Belonging to Mompha

A Federal Extreme Courtroom sitting in Lagos has granted an order of interim forfeiture of 11 high-end designer devices confiscated by the Monetary and Financial Crimes Payment (EFCC) from Net film star, Ismaila Mustapha, popularly usually referred to as Mompha.

 

The devices – 5 luxurious sunglasses, 5 luxurious wristwatches, and an iPhone 8 – had been seized from Mompha when he was arrested by the EFCC on October 19, 2019, on the Nnamdi Azikwe Worldwide Airport, Abuja.

 

The glasses Dsquared, Tomford – TF586, Cartier – B17C76B, Montblanc – MB0045S, and Louis Vuitton- Z1186E, whereas the watches are Rolex Oyster Perpetual, Audemars Piguet, Audemars Piguet – J46220; XY Hublot – 1321920; and an XY Hublot- 924206.

 

Justice Lewis Allagoa granted the order of interim forfeiture on Friday after listening to an ex-parte software program argued by EFCC counsel, Chinenye Ugwoke.

 

He dominated that the order subsists pending the EFCC’s investigation of Mompha and his agency Ismalob Worldwide Funding Ltd, every listed as respondents throughout the go effectively with.

 

Since November 2019, Mompha and Ismalob Worldwide Funding have been coping with 14 prices bordering on allegations of laundering N32.9 billion.

 

The EFCC supported its software program with an affidavit by an investigating officer with the anti-graft firm’s Advance Cost Fraud Half (AFF) half, Mr Bot Dachung.

 

“The intention of this software program is to forestall the respondents from tempering and/or dissipating the properties listed throughout the schedule to this software program which are pretty suspected to be proceeds of unlawful actions,” Dachung mentioned.

 

“If the properties listed throughout the schedule to this software program shouldn’t rapidly and timeously forfeited, efforts of the persevering with investigation referring to net/cyber-related crimes and attainable prosecution may very well be dropped at a nought.”

 

The EFCC knowledgeable the select that the devices had been “found throughout the possession of the first respondent (Mompha), which property/asset in all equity suspected to be proceeds of unlawful actions and presently throughout the lawful custody of the applicant.”

 

In accordance with the corporate, a preliminary investigation revealed quite a few intelligence critiques linking Mompha with chains of net/cybercrime actions.

 

It further alleged that there “have been concerted ongoing investigation actions in direction of the respondents with respect to the first respondent’s (mompha alleged) involvement in cybercrime actions.”

 

“The properties listed throughout the schedule to this software program had been recovered from the first respondent (Mompha) upon his arrest by the operatives of the applicant, subsequently this software program.

 

“That efforts and makes an try have been made by the first respondent (Mompha) through his approved representatives to retrieve the said properties listed throughout the schedule to this software program,” the EFCC said.