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Why was Mompha Arrested? Charges Explained

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Mompha Arrested: Why was Mompha Arrested? Charges Explained: Recently, the EFCC has stated that they have arrested a suspected fraudster who committed several counts of crimes in the cyber community. The arrested man is identified as Ismailia Mustapha who is also known as Mompha. As per the reports, Mompha is a big lawbreaker who is facing serious money laundering charges. Since this news has been shared by The Economic and Financial Crimes Commission people are taking over the internet to read about him and they are scrounging web pages for detailed information on this case. However, we have done a cavernous study on it and followed numerous reports related to Mompha’s arrest. If you followed the article till the end then you will get to read and learn this matter comprehensibly. So stick with this column and take a peek at every division that is given below on this page. Swipe down the page. Follow More Update On CmaTrends.com

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Mompha Arrested

EFCC claimed that Mompha is arrested for being highly involved in unlawful activities and retention of alleged activities of crime. Mompha obtained laundering funds through illegal activities. The news of his arrest broke out on Monday and as per the reports, he is still under EFCC’s custody and currently facing trial for his illicit company known as Ismalob Global Investment Ltd.

Why was Mompha Arrested?

A spokesperson for EFCC named Wilson Uwujaren affirmed that The Economic and Financial Crimes Commission re-captured Mompha for being involved in money laundering. However, this is not the first time when he has been arrested as prior to this he was arrested at Nnamdi Azikiwe International Airport while boarding Dubai by an Emirates Airline flight by Nigeria Immigration Service back in 2019 on Oct 18. Currently, Mompha is facing serious money laundering charges. EFCC put allegations on him for using his Ismalob Global Investment Ltd. company to receive an illicit amount of money from across the globe in order to get commissions of the amount.

EFCC released a statement following the arrest of Mompha on Monday, “the account of one of his firms a Bureau de Change firm, Ismalob Global Investment Ltd. firm was allegedly used in illegal money laundering activities.” According to the report, an intensive investigation has been initiated to look into the matter. Moreover, investigators also revealed that they recovered a money transfer slip worth $92,412,75 from his iPhone 8. Mompha is yet to be presented in court. Further developments will be shared with you as soon as something comes up.