A Federal High Court in Lagos on
Friday, granted bail to suspected money launderer, Ismaila Mustapha, AKA
Mompha.
According to the TVC, Mompha was
granted bail in the sum of N100m.
Recall that EFCC had arrested
Mompha on October 19 for alleged internet fraud and money laundering recently
at the Nnamdi Azikiwe International Airport in Abuja.
Mompha was arraigned for alleged
N33billion fraud.
Following his arraignment at the
Federal High Court, Ikoyi, Lagos by the EFCC, Mompha on Thursday dragged the
EFCC before a High Court in Lagos.
Mompha instituted a fundamental
rights enforcement suit against EFCC for detaining him beyond the
constitutionally stipulated days without charging him to court.
In the commencement of trial on Monday,
Mompha pleaded not guilty to a 14-count charge bordering on fraud offences.
Justice Mohammad Liman in ruling
ordered that Mompha be remanded in prison custody
The court also adjourned till
Friday for hearing of Mompha’s bail application and the commencement of his
trial.
Details later…
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