The Economic and Financial Crimes Commission, EFCC is prosecuting Mompha alongside the company on a 14-count charge, bordering on cyber fraud and money laundering to the tune of N33 billion (Thirty-three Billion Naira).
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Mompha, who is the first defendant in the matter is alleged to have used the company to launder funds, part of which he used to acquire properties in Dubai, United Arab Emirates.
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Led in evidence by prosecution counsel, Rotimi Oyedepo, the witness, a compliance officer with the Special Control Unit Against Money Laundering (SCUML), of the EFCC, told the court that on November 15, 2019, the Commission requested from SCUML the regulation and compliance status of the company and that “upon inspection, it was discovered that Ismalob is not registered with the SCUML.”
He further stated that “From the database search in the office, there is no information on Ismalob Global Investment Limited and all the transactions that were done in the company’s account between December 14, 2015 and January 25, 2018 are not on SCUML’s record.”
The EFCC letter of request and the response from SCUML were admitted in evidence by the court.
Justice Liman adjourned the matter until February 26, 2020 for continuation of trial.
Hello Mompha! Seems you going back.
ReplyDeleteFor where kwanu?no be Naija again?
DeleteHi Lucile,been concerned about u. Hope u r not affected by d fire rage happening in some parts of Australia.
DeleteHmmm....
ReplyDeleteHere we come again with cock and bull story. Whom are the victims of the alleged fraud? Another wild choose chase.
ReplyDeleteBut really, who would believe the story that he makes money from BDC in Dubai except the gullibles and disciples of *drink water association* to cover up their wayward living. You buy cars worth millions but still live in an apartment in Dubai with basic furniture. I don't know what exactly it is with this guy, but something ain't right.
ReplyDelete