Stella Dimoko Korkus.com: Witness Reveals How N18bn Was Paid Into Alleged Fraudster Mompha’s Account

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Saturday, November 30, 2019

Witness Reveals How N18bn Was Paid Into Alleged Fraudster Mompha’s Account

A prosecution witness, Peter Ademola Adegoke, a Compliance Officer with Fidelity Bank Plc, on Friday, November 29, 2019, told Justice Abdullai M. Liman of the Federal High Court sitting in Ikoyi, Lagos how the sum of N18bn was paid into the account of a company, Ismalob Global Investments, belonging to Ismaila Mustapha, also known as Mompha. .






Mompha was arraigned on November 25, 2019 on a 14-count charge bordering on money laundering to the tune of N33bn. At Friday’s sitting, the first prosecution witness, PW1, Anne Nnenna Ezekannagha, a Manager in the Customers Service Department of the Central Bank of Nigeria, CBN, told the court that Mompha’s company, Ismalob Ventures, was not registered with the CBN and that he did not have the license to operate as a Bureau de Change operator. .

Led in evidence by the prosecution counsel, Rotimi Oyedepo, Ezekannagha further told the court that “We got a letter from the EFCC on the activities of Ismalob Global Ventures. “However, we have no history of the name with the CBN.” 



*Despite this they still granted him Bail,so lets hear word.

13 comments:

  1. Stella Mompha has a right to be granted bail. His is a financial crime; he didn't commit murder or is a threat to national security so it's his right.
    Bail doesn't mean he's innocent. It's just for him to go home and receive summons from home anytime he has a court hearing. His passport will also be seized and I'm sure airports will have received summons incase he decides to run.
    This is naija he can still run away but the court still has no right to keep him indefinitely for his sort of crime.

    ReplyDelete
    Replies
    1. Thank you, you saved me the stress from typing this.

      Delete
    2. The courts can rule he be remanded for the period of trial if he is deemed to be a flight risk.

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    3. Stella, in Germany is bail not granted? Does that mean it implies innocence? Obviously not

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  2. And they are granting him 100m naira bail.Nigeria my country

    ReplyDelete
  3. This is a very weak case. Like his lawyer established, it is not a crime to sell foreign exchange to someone else. EFCC just wanted to spoil his name. Nonsense case

    ReplyDelete
    Replies
    1. It's not a nonsense case. Stop defending a thief.

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    2. Sell foreign exchange without a brv license?
      You try well..

      Delete
  4. What did I miss. Stella u no even check.on me.. Chai

    ReplyDelete
  5. Mompha will run oooo,efcc should have fought his bail hearing seriously,mompha is a huge flight risk.

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  6. Mompha Mompha i just like this man with no Reason....

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  7. Please the bail money doesn’t belong to the government, it will only belong to government if the suspect decides not to come to court, I.e if he jumps bail and runs away. Then granting someone bail doesn’t mean he has been set free. It is only given when the offense the suspect is being accused of is the one that has an option of being granted bail and it’s the prerogative , i.e the choice of the judge to grant the suspect or not.

    ReplyDelete

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