COURT RESERVES JUDGMENT IN MOMPHA’S ₦6BN MONEY LAUNDERING TRIAL

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RismadarVoice Reporters, June 30, 2026

Lagos State Special Offences Court sitting in Ikeja has reserved judgment until October 15, 2026, in the alleged six billion naira money laundering case involving social media personality, Ismaila Mustapha, popularly known as Mompha.

Justice Mojisola Dada fixed the date after proceedings in the case instituted by the Economic and Financial Crimes Commission, EFCC.

Mompha and his company, Ismalob Global Investment Limited, were arraigned by the anti-graft agency on January 12, 2022, on an eight-count charge.

The charges include alleged conspiracy to launder funds suspected to be proceeds of unlawful activities, retention of proceeds of crime, failure to disclose assets and possession of documents containing false pretences.

Mompha has pleaded not guilty to the charges.

The court is expected to deliver its judgment on October 15.

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