According to reports, the Economic and Financial Crimes Commission’s Lagos Command has re-arrested Ismailia Mustapha, also known as Mompha, a suspected internet fraudster, for laundering funds obtained through unlawful activities and retention of alleged proceeds of crime.
Mompha, who was arrested on Monday, is currently on trial with his company, Ismalob Global Investment Limited, for an amended 22-count charge of cyber fraud and money laundering in the amount of N32.9 billion brought by the EFCC against him.
The EFCC spokesman, Wilson Uwujaren, confirmed this in a statement, titled, ‘EFCC re-arrests Mompha for alleged money laundering.’
Mompha had earlier been arrested by the Nigeria Immigration Service at the Nnamdi Azikiwe International Airport on October 18, 2019, while boarding an Emirates Airline flight to Dubai, following a watchlist by the EFCC.
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.
The statement said, “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.”
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