The trial of Ismaila Mustapha aka Mompha continued yesterday, March 18, 2020 before Justice A. Mohammed Liman of a Federal High Court sitting in Ikoyi, Lagos.

And a prosecution witness told the court that Mompha did not remit tax to the Federal Government for a period of seven months while his company was already in existence.

Mompha, social media celebrity, is standing trial alongside his company, Ismalob Global Investments Limited on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N33 billion (Thirty-three Billion Naira) brought against him by the EFCC.

The defendant who is fingered as a major figure in an organised transnational cyber fraud network, allegedly used his company, Ismalob Investment Limited to launder the funds, part of which he used in acquiring properties in Dubai.

Leave a Reply

Your email address will not be published. Required fields are marked *

− 1 = 1
Powered by MathCaptcha

You May Also Like

How Billionaire Harry Akande Died At 77

How Billionaire Harry Akande Died At 77 Billionaire businessman Harry Akande is…

Inside President Tinubu’s Message To Nigerians At Christmas

I urge you once more to hold fast and rest assured of my commitment to govern with vision, dedication, and empathy

Former Deputy Governorship Candidate Tunde Oladunjoye Dies

He reportedly gave up the ghost on Friday

Police Invite VeryDarkMan Over Allegations Of Officer Complicity In Kidnappings

The Force highlighted that these same officers are frequently targeted by the criminals they are accused of helping