Economic and Financial Crimes Commission (EFCC) has on Friday July 17, presented its 10th witness against socialite Ismaila Mustapha popularly known as Mompha in an ongoing trial at the Federal High Court in Ikoyi, Lagos.
Mompha was first arrested on October 19 at the Nnamdi Azikiwe International Airport, Abuja and arraigned before Justice Mohammed Liman on a 14-count charge.
The Lagos Zonal Office of the Commission is now prosecuting Mompha alongside his company, Ismalob Global Investment Limited on an amended 22-count charge, bordering on cyber fraud and money laundering to the tune of N33billion.
Read Also: EFCC Re-Arraigns Instagram Celebrity, Mompha For Alleged N32.9bn Fraud
Mompha’s uncle, Alhaji Ahmadu Mohammed was presented as the 10th prosecution witness (Pw10).
He told the court that he and one other person are directors at Ismalob Global Investment Limited, but that Mompha was the sole signatory to the account of the company, domiciled in Fidelity Bank.
Ahmadu further disclosed that his job was to buy the Euro equivalent of the money sent to Mompha and send back in cash to the recipient, on Mompha’s directives.
The statement released by the EFCC read in part;
At Friday’s proceeding, prosecution counsel, Rotimi Oyedepo invited the 10th prosecution witness (Pw10), Alhaji Ahmadu Mohammed, who is the defendant’s uncle.
Ahmadu, in his evidence, told the court that he and one other person are directors at Ismalob Global Investment Limited, but that Mompha was the sole signatory to the account of the company, domiciled in Fidelity Bank.
Mompha’s shares in the company, he said, are worth 600,000, while the two other directors’ are worth 200,000 each.
EFCC added;
Ahmadu also told the court that his job was to buy the Euro equivalent of the money sent to Mompha and send back in cash to the recipient, on Mompha’s directives.
He also revealed that the company whose operations commenced in December, 2015 is not a registered bureau de change.
Ahmadu, on cross-examination, by the defence lawyer, Gboyega Oyewole SAN said there was no link between Ismalob Global Investment Limited and Mompha BDC, saying that the former is a separate company.
Justice Liman subsequently adjourned the case till July 24, 2020 for hearing on an application filed by Mompha, through the defence counsel for the release of his properties seized by the EFCC.
Mompha is an erstwhile friend of suspected International fraudster, Ramoni Abass better known as Hushpuppi who is being charged with Business Email Compromise (BEC) scams and other scams in the United States.
The 37-year-old and his gang were alleged to have defrauded 1,926,400 people from different parts of the world and stolen about 1.6bn Dirham (N168bn).
The FBI alleged that Hushpuppi also attempted to dupe an English Premier League football club of £100m (N48.4bn).
