Alleged N32.9bn Cyber Fraud: Court Fixes Date To Rule On Mompha’s No-Case Submission

 

A Federal High Court sitting in Lagos has fixed November 18 to rule on a ‘no-case submission’ filed by a social media celebrity, Ismaila Mustapha popularly known as Mompha.

Mompha is accused of cyber fraud and laundering about N33 billion.

He had pleaded not guilty and through his lawyer, Gboyega Oyewole, SAN, he filed a no-case submission, insisting that the Economic and Financial Crimes Commission (EFCC) had made no case against him requiring him to enter a defence.

In urging the court to uphold his client’s no-case submission, Oyewole said the prosecution failed to link Mompha to any of the offence listed on all the counts of the charge.

READ ALSO: Military Arrests Late Gana’s Commander In Benue

In his response, the prosecution counsel, Ibrahim Sulaiman, asked the court to dismiss the no-case submission application.

He told the court that the prosecution had been able to link the defendant to the alleged offences based on the evidence adduced and exhibits tendered through the 10 prosecution witnesses, who had testified in the matter.

He then asked the court to dismiss the application and order the defendant to open his defence.

After listening to both submissions, Justice Mohammed Liman adjourned to November 18, 2020 for his ruling on the no-case application

Court Remands Mompha In Prison Over Alleged N32.9bn Money Laundering

A file photo of Mompha.

 

 

The Federal High Court in Lagos has ordered that suspected internet fraudster, Ismaila Mustapha, also known as Mompha, be kept in the custody of the Nigerian Correctional Services.

Justice Mohammed Liman gave the order on Monday after “Mompha” pleaded not guilty to the 14 charges of laundering N33 billion filed by the Economic and Financial Crimes Commission.

The court also fixed November 29 for the hearing of the bail application filed by the defendant.

The anti-graft agency alleged in the charge sheet signed by one of its counsels, Rotimi Oyedepo, that Mompha laundered the funds through a firm which was the second defendant – Ismalob Global Investment Ltd – between 2015 and 2018.

It claimed that the funds, domiciled in a commercial bank, were moved in tranches of N18,059,353,413 and N14,946,773,393.

The EFCC also claimed that both defendants, not being a financial institution or an authorised foreign exchange dealer, negotiated a foreign exchange transaction in the sum of N9.416 million, N20 million, N10,437,400, N10 million, N2.46 million, N10 million, N100 million, N61 million, N100 million, N40.7 million, and N42 million.

The funds were domiciled in the defendants’ commercial bank account.

In one of the counts, the anti-graft agency alleged that Mompha, “Between 2015 and 2018… procured Ismalob Global Investment Ltd to retain the aggregate sum of N18,059,353,413 in its account No. 5260000846 domiciled in Fidelity Bank Plc which sum you reasonably ought to have known formed part of the proceeds of unlawful act to wit: fraud.”

The first defendant was also alleged to have between 2015 and 2017, aided the company “to retain the aggregate sum of N 14,946,773,393.00 in its account No. 5260000846 domiciled in Fidelity Bank Plc from Pitacalize Ltd.”

Both actions, according to the EFCC, offend Sections 18(3) and 15(2)(d) of the Money Laundering Prohibition Act.2011 (as amended) and are punishable under section 15 (3) of the same Act.

Suspected Internet Fraudster Mompha, Sues EFCC, Seeks N5m Compensation

 

A suspected internet fraudster, Ismaila Mustapha, popularly known as Mompha has filed a Fundamental Rights Enforcement Suit before the Lagos High Court  to challenge his continued detention by the Economic and Financial Crimes Commission (EFCC).

In the application dated November 14 and brought pursuant to Section 34-36 and Section 46(1) & (2) of the 1999 Constitution, Mompha is asking the court to declare that his continued detention since October 22, on the orders of a Lagos Magistrate Court which order expired on November 4, is unlawful and constitutes a gross violation of his right to personal liberty.

READ ALSO: Police Arrest Herbalist As Teenager’s Left Hand Is Amputated In Nasarawa

He also wants the court to declare that the failure of the EFCC to charge and arraign him in court is unconstitutional.

He is therefore seeking an order of the court directing the EFCC to release him from custody, unconditionally.

He is also seeking an order of perpetual injunction restraining the EFCC or any person acting on its behalf from arresting and detaining him in relation to the subject matter of this suit without recourse to the due process of law.

Mompha is claiming damages in the sum of N5million against the EFCC for what he calls, his unlawful detention.