The money laundering case against Instagram big boy, Ismaila Mustapha, popularly known as Mompha, and his company, Ismalob Global Investment Limited, has been adjourned till June 6, 2022.
This was pronounced by the Justice Mojisola Dada led Special Offences Court in Ikeja on June 2.
The adjournment is to enable both the Economic and Financial and Crimes Commission, EFCC, and the defendant to give “report” on the terms of a plea bargain being worked on.
Mompha, alongside his company, Ismalob Global Investment Limited, was arraigned by the EFCC on January 12, 2022, on eight counts 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 pretence and use of property derived from unlawful act.
