Money Laundering: Court Adjourns Mompha’s Trial Till June 2
April 6, 2022
The trial of Ismaila Mustapha, also known as Mompha, and his company, Ismalob Global Investment Limited, before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos continued on Wednesday, April 6, 2022, with both the prosecution and defence giving the court the “report” on the plea bargain being worked on.
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 with the intent of promoting the carrying on of specified unlawful activities to wit: Obtaining by false pretence. “He pleaded “not guilty” to the charges.