A Federal High Court in Lagos on Wednesday fixed January 15, 2020 to resume the alleged N33bn money laundering trial of a suspected internet fraudster Ismaila Mustapha, alias Mompha.
The new date was fixed at the instance of the defendant’s counsel, Mr Ademola Adefolaju who stood in for Mr. Gboyega Oyewole (SAN).
In the charge, the EFCC alleged that Mompha procured Ismalob Global Investment, owned by him, to retain the aggregate sum of N18.05billion between 2015 and 2019.
He was also alleged to have aidedcompany to retain N14.9 billion between 2015 and 2017, while not complying with the Central Bank of Nigeria (CBN) and Federal Ministry of Trades and Investment financial transactions requirement.
In another instance, the EFCC accused Mompha and his firm of unlawfully negotiating a Foreign Exchange transaction with total sum of N630, 125, 900 million, for some individuals.