A witness in the trial of Ismaila Mustapha, (a.k.a Mompha) on Monday, July 1, told Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos how N35bn was allegedly found in two bank accounts linked to the defendant.
The Lagos Zonal Command of the Economic and Financial Crimes Commission, had, on January 12, 2022, arraigned Mompha alongside his company, Ismalob Global Investment Limited, on an eight-count charge bordering on conspiracy to launder funds obtained through unlawful activity, retention of proceeds of criminal conduct, laundering of funds obtained through unlawful activity, failure to disclose assets and property, possession of documents containing false pretences and use of property derived from an unlawful act.
One of the counts read, “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 when they were read to him.
On September 22, 2022, Justice Dada had ordered that the trial of Mompha would continue in absentia after he jumped bail.
At Monday’s proceedings, Idi Musa, the sixth prosecution witness and also an investigator with the EFCC, while being led in evidence by the prosecution counsel, S. I. Suleiman, narrated how he knew the first and second defendants in the course of investigations into the alleged criminal activities.
He told the court how the commission had received intelligence from the Federal Bureau of Investigations, informing it that the first and second defendants were into cybercrime in the United States of America, USA.
Peoplesmind