Alleged ₦6bn money laundering: Mompha to Know fate October 15

Court

A Lagos State Special Offences Court sitting in Ikeja has reserved judgment until October 15, 2026, in the alleged ₦6 billion money laundering case involving social media personality, Ismaila Mustapha, popularly known as Mompha.

 

After both the defence and the Economic and Financial Crimes Commission (EFCC) adopted their final written addresses, Justice Mojisola Dada adjourned the case for judgment. The defence urged the court to acquit Mompha, arguing that the prosecution failed to prove the charges beyond reasonable doubt, while the EFCC insisted it had presented sufficient evidence to secure a conviction.

 

Mompha is standing trial alongside his company, Ismalob Global Investment Limited, on an eight-count charge bordering on alleged conspiracy, money laundering, retention of proceeds of unlawful activities, failure to disclose assets and possession of documents containing false pretences.

 

Further details later…

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