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Mompha’s opts to be remanded in Prison after he was slammed with a N200Million Bail – –
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The trial of Nigerian businessman, Ismailia Mustapha, popularly often called Mompha, continued on the Particular Offences Courtroom in Ikeja, Lagos right now, January 18.
It may be recalled that Mompha was arrested by Operatives of the EFCC, Lagos state command, on Monday, January 10, for allegedly laundering funds obtained by illegal actions and retention of alleged proceeds of crime, and was first arraigned in court docket on Thursday morning, January 12. Learn right here.
The web celeb is at present standing trial alongside his firm, Ismalob World Funding Restricted, on an amended 22-count cost bordering on cyber fraud and cash laundering to the tune of N32.9 billion.
Over the last listening to, the court docket ordered that Mompha be saved within the custody of the Financial and Monetary Crimes Fee (EFCC) till the listening to of his bail software.
He appeared once more in court docket this mronng for listening to and images of him in court docket discovered it’s solution to the web.
In up to date reviews, the court docket granted a bail of N200million to the suspected web fraudster, with two sureties within the like sum.
The Presiding decide, Justice Dada, granted the appliance for bail filed by Mompha’s lawyer, Gboyega Oyewole. Nonetheless, Mompha opted to be remanded on the Ikoyi Correctional Middle following his lack of ability to fulfill the strict bail circumstances.
