Connect with us

News

Money Laundering: EFCC arraigns Mompha in Lagos

Published

on

EFCC arraigned Mompha on an eight count charge bordering on money laundering
EFCC arraigned Mompha on an eight count charge bordering on money laundering

The Lagos Command of the Economic and Financial Crimes Commission, EFCC, on Wednesday arraigned Ismaila Mustapha, also known as Mompha, and Ismalob Global Investment Limited before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos.

He was charged on eight counts bordering on conspiracy to launder funds obtained through unlawful activities, retention of proceeds of criminal conduct, laundering of funds obtained through unlawful activities, failure to disclose assets and property, possession of documents containing false pretence and use of property derived from an unlawful act.

One of the counts reads: “Ismaila Mustapha, Ahmadu Mohammed (at large) and Ismalob Global Investment Limited, sometime in 2016 in Lagos, within the jurisdiction of this Honourable Court, conspired amongst yourselves to conduct financial transactions to the tune of N5,998,884,653.18 ( Five Billion Nine Hundred and Ninety-eight Million Eight Hundred and Eighty-four Thousand Six Hundred and Fifty-three Naira Eighteen Kobo), with the intent of promoting the carrying on of specified unlawful activity to wit: Obtaining by false pretence.”

Another count reads: “Ismaila Mustapha, on or about the 20th day of October 2019 in Lagos, within the jurisdiction of this Honourable Court, failed to furnish any information in relation to your interest in expensive wristwatches and other movable assets: ROLEX OYSTER PERPETUAL WRISTWATCH, AUDEMARS PIGUET WRISTWATCH, AUDEMARS PIGUET-J46220 WRISTWATCH, XY HUBLOT-1321920 WRISTWATCH, XY HUBLOT-924206 WRISTWATCH and iPhone 8 worth over N70,000,000.00 (Seventy Million Naira), as required in page 10 of the Declaration of Assets Forms and you thereby committed an offence.”

Mompha is further accused of using a false document titled “SELECT MILK PRODUCER J.P. Morgan”, to defraud Continental Diary Facilitate Southwest LLC.

The EFCC is also accusing him of colluding with one Olayinka Jimoh (aka Nappy Boy) to retain an aggregate sum of N52, 000,000 between January 28, 2019 and February 11, 2019, believed to be proceeds of criminal conducts.

He, however, pleaded “not guilty” to the eight counts when they were read to him in court.

Following his plea, the prosecuting counsel, Rotimi Oyedepo, prayed the court for a trial date and for the remand of the defendant.

Defence counsel, Gboyega Oyewole, SAN however, informed the Court that the defence had filed the defendant’s bail application.

“We have also served the bail application on the prosecution,” he added.

While acknowledging the receipt of the application, Oyedepo said: “We will need time to respond.”

Justice Dada, thereafter, adjourned till January 18, 2022 for “hearing of the bail application”., while the defendant was remanded in the custody of the EFCC.

GET IT NOW

News

BREAKING: Bandits currently attacking Kebbi community

Published

on

images 2022 01 11T112517.118

Advertisement

Bandits are currently attacking Ayu, Danko Wasagu Local Government Area (LGA) of Kebbi State, POLITICS NIGERIA.

Bandits attacks in Kebbi state have been on the ascendancy in recent months.
Hundreds of the residents have fled their homes, relocating to other towns in the state and internally displaced persons (IDPs) camps.
Recall POLITICS NIGERIA had exclusively reported the bandits attack that occurred on January 14: 17 residents were brutally murdered and many more abducted in a punitive expedition.
Four days after the carnage of January 14 in Dankade, the bandits raided Ayu, and abducted 29 villagers into the forest.
Unlike cases in other North-west states, attacks in rural Kebbi are hardly reported in the media. Over 200 lives were lost to banditry in the state in 2021 alone, this newspaper’s findings revealed.

Advertisement

GET IT NOW

Continue Reading

News

How Osinbajo transformed my life – Former Secretary

Published

on

Alhaji Abdul Gafar Bakare
Alhaji Abdul Gafar Bakare says Prof. Yemi Osinbajo impacted his life and that of many others

Alhaji Abdul Gafar Bakare, former confidential secretary to Vice-President Yemi Osinbajo while he was the Attorney General and Commissioner for Justice, Lagos State has narrated his experience when he worked with him for eight years.

A devoted Muslim, Bakare had been a secretary at the Lagos State Ministry of Justice prior to the appointment of Osinbajo in 1999. But the appointment changed his life forever.

Prior working with the Vice President he was a trained secretary with no university education.

“Prof. (Osinbajo) not only encouraged me to further my education even at my relatively old age, he personally sponsored my BSc Accounting programme and even sponsored my pilgrimage to Mecca and Medina.”

Bakare recalled that he was not the only beneficiary of Osinbajo’s large heart.

“He also sponsored some of our colleagues who became lawyers while others are into other professions”.

He added that, “Prof. is a distinctive person that one needs to emulate. He is a contented man who accommodates any serious minded individual. Even with his present position he still gives recognition to those he knows before becoming Vice President.

“I am most grateful to Allah for the opportunity of working with this kind and generous boss. I also count it as a privilege to express my views about my boss,” he said.

Bakare says he has since retired from the state civil service.

While in office as Hon. Attorney General and Commissioner for Justice, Prof Osinbajo undertook far-reaching judicial reform in Lagos State, addressing critical areas as judges’ recruitment, remuneration, training and discipline.

The emoluments of Lagos judges witnessed and increase of more than 300 per cent, a situation that made the judges to earn more than Supreme Court Justices.

The Federal and State governments soon followed the good example he laid to gibe better packages to judicial officers.

He also addressed access to justice for the poor by the establishment of the Office of the Public Defender (OPD) and the Citizens Mediation Centre (CMC), the first of its kind in Nigeria.

These offices have now been replicated in all states across the Federation. He transformed the office as well as his immediate staff.

GET IT NOW

Continue Reading

News

‘Attention I Get These Days Is Overwhelming’ – Eniola Badmus

Published

on

unnamed 3 2

Janice Tyo

Nollywood actress Eniola Badmus has revealed that the attention she gets recently is overwhelming.

Recall that the actress went on a weight loss journey, that has now left her looking all gorgeously trimmed.

The actress in a post via her Instagram page on Tuesday revealed that she gets a lot of attention these days, which makes her feel like she is a new baby. She further stated that this is a new journey for her.

She wrote: ‘’The attention I get now is quite overwhelming feels like I’m a newborn baby, it’s  a new life for me and a new journey so walk with me on this and be a partaker don’t dull.’’

GET IT NOW

Continue Reading

Trending

NgGossips.com