The Economic and Financial Crimes Commission has on Wednesday, March 4, 2020, re-arraigned Ismaila Mustapha (popularly known as Mompha), before Justice Mohammed Liman of a Federal High Court sitting in Ikoyi, Lagos.
The popular social media personality and businessman stand accused of money laundry which amounts to the tune of N32.9billion.
The EFCC first arraigned Mompha alongside his company, Ismalob Ventures on November 25, 2019, on a 14-count charge.
He was charged for fraud, money laundering and running a foreign exchange business without the authorisation of the Central Bank of Nigeria.
Meanwhile, Mompha pleaded not guilty to the charge and was subsequently granted a bail of N100 million with one surety in the like sum.
Mompha has been maintaining that he is innocent of any of those charges and has not stopped short of taken several swipes at the EFCC.
He even featured in a comedy video by Broda Shagi in which he threw shades at the Nigeria police.
