Operatives of EFCC, Lagos state command, have re-arrested Dubai-based businessman, Ismailia Mustapha, a.k.a Mompha, for allegedly laundering money obtained through unlawful activities and retention of alleged proceeds of crime.
Mompha, was arrested on Monday January 10 and is currently standing trial alongside his company, Ismalob Global Investment Limited, on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N32.9 billion brought against him by the EFCC.
Confirming his re-arrest to newsmen, EFCC spokesman, Wilson Uwujaren, in a statement reads:
”The account of one of his companies, Ismalob Global Investment Limited Bank, a Bureau de Change company, domiciled in Zenith Bank Plc, was allegedly used to launder funds derived from unlawful activities.
“Investigation has revealed a fraudulent transfer slip of $92, 412, 75 found in the suspect’s iPhone 8 device. He will soon be charged to court.”
Mompha is alleged to have used his registered companies to receive illicit funds on behalf of cyber fraudsters from across the world in return for commissions.
