Court grants Mompha N100 million bail

Suspected money launderer, Ismaila Mustapha, alias Mompha has been granted a bail of N100 million by a Federal High Court in Lagos, Southwest Nigeria.

He was granted bail on Friday after he was arraigned for alleged N33 billion fraud.

The Economic and Financial Crimes Commission, EFCC had arrested Mompha on 19 October at the Nnamdi Azikiwe International Airport, Abuja for alleged fraud.

He was arraigned by the EFCC on Monday on 14-count charge at the Federal High Court in Ikoyi, Lagos, Southwest Nigeria.

But, Mompha pleaded not guilty to a 14-count charge bordering on the offences.

 

 

 

– PMNews

About Delia Innoma

Delia Innoma is a prolific writer, promoter, artist manager with full professional proficiency in English, German and Igbo languages. She studied accounting and computer programming at the Institute of Management and Technology Enugu and Germany respectively. Delia is also a devoted mother of two and she founded the Diamond Celebrities Magazine. Her sense of responsibility and commitment to the Christian faith are essential forces driving her daily activities.

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