Tag Archives: mompha

Storyline: Why I visited Adeherself – Mompha clears

Advertisements

Dubai-based flamboyant big boy, Ismaila Mustapha popularly known as Mompha has revealed reason why he paid Influencer Adeherself a visit.

Momph expresses displeasure at the amount of inane comments on blogs and all over social media spew by Nigerians youth. He also stated that he visited Adeherself to calm her down and encourage her about life’s trials.

In his own words, he wrote;

”Nigerians online are quicker to judge you for whatever allegation leveled against you without finding out the truth. This beautiful young soul @adeherself has been accused of an offence which is not eve strong enough to call her a criminal seeing the comments on blogs yesterday just because i visited her just to calm her down and encourage her about trials of life.. All i see is jobless nigerian youths saying trash just because you don’t know what @adeherself has pass through. Stay strong beautiful angel . You will be fine soon. God bless you.”

Recall with Noble Reporters Media that Adeherself, who is a social media influencer, has been locked up at EFCC custody since July 7 for alleged possession of fraudulent documents. She finally regained her freedom on July 24 after meeting her bail terms.

Mompha who has also been a guest at the EFCC holding cell, went to pay Adeherself a visit yesterday 1st August and shared the video on his Instatories.


#Newsworthy…

Reactions as Mompha visit Adeherself after she regains freedom

Advertisements

Nigerians have reacted to the viral video of Mompha embracing influencer Adeherself after he visited her at her home earlier today.

The viral video has become a growing sensation after it was first shared on social media space.

watch video here

Recall with Noble Reporters Media that Adeherself, who is a social media influencer, has been locked up at EFCC custody since July 7 for alleged possession of fraudulent documents. She finally regained her freedom on July 24 after meeting her bail terms.

Advertisements

Mompha who has also been a guest at the EFCC holding cell, went to pay Adeherself a visit and shared the video on his Instatories.

Nigerians are all over social media reacting to the visit.

See the various reactions below.


#Newsworthy…

N33bn Fraud: EFCC line final witness against Mompha

Advertisements

The last Economic and Financial Crimes Commission (EFCC) witness, in the ongoing trial of social media influencer, Ismaila Mustapha, has told Justice Muhammad Liman of the Federal High Court, Lagos, that he is a director in the Ismalob Global Investment Limited, a company belonging to Mustapha.

Mustapha, popularly called Mompha, is standing trial for allegedly laundering about N33 billion, through his firm.

Mompha and his company are facing a 14-count-charge bordering on operating BDC without registration with CBN and other regulating Ministries, failure to comply with the Federal Ministry of Industry, Trade and Investment in carrying out and unlawful negotiation of foreign exchange.

Advertisements

The offences according to the EFCC contravened sections 18(c) and 15(2)(d) of the Money Laundering Prohibition Act,2011 as amended and punishable under section 15(3) of the same Act.

He had pleaded not guilty to all the counts.

At the resumption of the trial, the witness, Hamodu Muhammed, while being led-in-evidence by the prosecutor, Rotimi Oyedepo, told the court that he is an uncle to Mompha and that he is the second director in Mompha’s company, while the third director is one Danjuma Muhammed.

The witness told the court that he and the third director both have 200,000 shares in the company while Mompha has 600,000 shares in the company.

Advertisements

Hamodu also told the court that the company which was registered in 2015, was not licensed to carry out Bureau De Change services and that all the transactions carried out by the company, were facilitated by Mompha.

During cross-examination by Mompha’s lawyer, Mr Gboyega Oyewole (SAN) who led Kolawole Salami and Adefolaju Ademola, the witness told the court that all the transactions done by Mompha were through Mompha Bureau De Change, a company he told the court was established by Mompha’s late father, whom he said was his elder brother.

The witness also told the court that Mompha only used his company, Ismalob Global Investment Limited as a facilitator of all the transactions done by Mompha Bureau De Change Services.

When asked about the query issued by the Federal Inland Revenue Service (FIRS) to Mompha’s firm, the witness said he referred the query to the firm’s auditor, one Abiodun Audu, who responded to the query and that still today, FIRS has not to make any response to the reply.

Advertisements

He also told the court that Mompha’s firm, Ismalob Global Investment Limited, was given commissions on any transactions it facilitated to Mompha Bureau De Change Services.

Upon the conclusion of the witness testimony, Mompha’s lawyer, Mr Oyewole (SAN) notified the court of his client’s intention to file no-case-submission on the allegations.

Consequently, the court adjourned till October 14, for the hearing of parties on the no-case-submission.

Prior, to the adjournment, Mompha’s lawyer, Mr Oyewole (SAN), informed the court of his client’s application to retrieve some of his belongings in the custody of the EFCC.

Advertisements

Mr Oyewole told the court that the application has been served on the prosecution.

He also told the court that while the EFCC has released some of the items, it still holds on to some of his wristwatches.

Mompha

In response, the EFCC lawyer, Oyedepo, while admitting been served with the application, said most of the seized items are still been subject to investigation.

Justice Liman thereafter adjourned till July 24, for the hearing of applications on the seized items.


#Newsworthy…

EFCC still can’t prove their allegations against me – Mompha react to Hushpuppi’s nab

Advertisements

Instagram made celebrity, Mompha in a recent statement following Hushpuppi’s arrest which has been confirmed by the International Police (INTERPOL) has stressed that not every story reported is true.

Recall with Noble Reporters Media that Huspuppi and his accomplices in Nigeria, Dubai and other countries allegedly defrauded the US government of over $100 million meant for Native Americans in the fight against the Coronavirus pandemic.

However, Mompha in a reaction via an Instastory post he shared told his followers not to believe the stories flying around.

He added that the same stories surfaced when he was arrested by the Economic and Financial Crimes Commission (EFCC), but he was only charged with selling foreign currency without license. Mompha also disclosed that the anti-graft agency are still yet to prove their case against him.


#Newsworthy…

Advertisements

Update: Mompha in more trouble as witness spill out some secrets in Court.


The trial of Ismaila Mustapha aka Mompha continued on Wednesday today, before Justice A. Mohammed Liman of a Federal High Court sitting in Ikoyi, Lagos, as a prosecution witness told the court that Mompha did not remit tax to the Nigerian Government for a period of seven months while his company was already in existence.

Mompha is standing trial alongside his company, Ismalob Global Investments Limited, on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N33bn brought against him by the Economic and Financial Crimes Commission.


The defendant, who is fingered as a major figure in an organised transnational cyber fraud network, allegedly used his company to launder the funds, part of which he used in acquiring properties in Dubai.

At the resumed sitting on Wednesday, the prosecution called four witnesses, three of which are Bureau De Change operators and an investigator with the EFCC.


Led in evidence by Rotimi Oyedepo, prosecution counsel, Kaina Garba, an investigator with the EFCC, narrated to the court how Mompha ran an unlicensed BDC and lied about the date operations commenced in his company leading to his evasion of tax for a period of seven months.

Kaina narrated to the court that sometime in 2019, the EFCC received intelligence on Mompha’s activities.


The intelligence was analysed and found to be credible.

“Investigation commenced and the defendant was arrested at the Nnamdi Azikiwe International Airport, Abuja, on his way from Dubai where he stays.


“A bank verification was ran on his Fidelity Bank account and it was revealed that he is associated with some accounts one of which is Ismalob Global Ventures Limited.

“Letter of enquiry was sent to the Corporate Affairs Commission and it revealed that he is a director at the company and the sole signatory to the account.


“Letter of enquiry was sent to the Special Control Unit against Money Laundering and the Central Bank of Nigeria to ascertain if the company was registered and licensed to carry out BDC activities and the responses showed that Ismalob was not a licensed BDC neither was it registered with SCUML,” he said.

Kaina also revealed to the court that a letter was written to the Federal Inland Revenue Service and the response showed that there was a suppression of seven months on the date when transactions commenced at Ismalob and for those months, there were no payment of taxes by the company.

He further said that the analysis of the Statement of Account on the Fidelity Bank account of Ismalob revealed a total turnover of over N8bn between December 2015 and September 2019.

Justice Liman adjourned further hearing in the matter to Thursday.


#Newsworthy…

‘I love him’ – Bobrisky professes love for mompha.


Popular Nigerian cross dresser and self acclaimed transgender, Bobrisky has professed love for Mompha.

In a recent post made on social media, Bobrisky shared a picture of Ismaila Mustapha aka Mompha where he inscribed the words “I love him”.


This comes a day after Mompha was re-arraigned by the Economic and Financial Crimes Commission, EFCC before a Federal High Court, Lagos, over N32.9bn alleged Internet fraud.

Mompha was first arraigned by the commission on 14 counts bordering on fraud, money laundering and running a foreign exchange business without the authorisation of the Central Bank of Nigeria. He was arraigned alongside his firm, Ismalob Global Investment Ltd.

He had pleaded not guilty to the charges and was granted bail in the sum of N100m with one surety in like sum.

On Wednesday, the amended 22-count charge was read over to the defendant and he pleaded not guilty to all counts, NobleReporters learnt


#Newsworthy…

Mompha turns first Nigerian to own Rolls Royce Wraith Eagle Viii Bespoke 2020. {Video}


Mompha has taken to social media to show off a new Rolls Royce Wraith Eagle Viii Bespoke 2020 in a new video he shared online.

He revealed the car is just one of about 50 of his plans this year. Mompha also claims that he is the first African to own the car.


He shared a video of the car on Instagram with caption;

Rolls Royce Wraith Eagle Viii Bespoke 2020🦅🙌🏿 1 of 50 💰 First African Man worldwide to own it 😂😂😂 Hurt their Feelings 💪🏿

https://www.instagram.com/mompha/?utm_source=ig_embed&ig_mid=ACB1216D-1F62-487C-910F-189361656350


#Newsworthy…

Update: EFCC re-arraign suspected fraudster, Mompha.


The Economic and Financial Crimes Commission (EFCC) has introduced new counts into the charge against internet celebrity, Ismaila Mustapha popularly known as Mompha.

He was re-arraigned today at the Federal High Court Lagos, on amended 22 counts which now includes offenses of making false statements to officials of the Federal Inland Revenue Service (FIRS), and engaging in foreign exchange transactions other than through the foreign exchange market.


He pleaded not guilty to all the charges.

After his plea, his counsel, Mr. Gboyega Oyewole (SAN) asked the court to grant a short adjournment to enable him to study the new charge.


He told the court that he had only seen the new charge a few minutes before the court commenced sitting and consequently, urged the court to allow him to study same.

Following the agreement of parties, the court adjourned the case until March 18 for the continuation of trial.


Background:

Mompha was first arraigned by the commission on 14 counts bordering on fraud, money laundering and running a foreign exchange business without the authorisation of the Central Bank of Nigeria.

He was arraigned alongside his firm, Ismalob Global Investment Ltd.


He had pleaded not guilty to the counts and was granted bail in the sum of N100 million with one surety in like sum.

The trial has since commenced in the suit, with the witnesses of the EFCC testifying.


So far in the trial, the commission had called witnesses from commercial banks, CBN as well as the Special Control Unit against Money Laundering (SCUML).

In the charge, EFCC accused the defendant of procuring Ismalob Global Investment Ltd and retaining in its account, an aggregate sum of N32.9billion between 2015 and 2018.


The prosecution alleged that Mompha laundered the sum through Ismalob Global Investment Ltd.

Both defendants were alleged to have negotiated foreign exchange transactions in various sums like N9.4million, N20 million, N10.4 million, N2.4million, N100million, N61million, N40.7million, N42million among others.

Mompha was alleged to have aided Ismalob to retain an aggregate sum of N 14 billion in its account, which was procured from Pitacalize Ltd.

The offences are said to contravene the provisions of sections 15(2) and 18(3) of the Money Laundering Prohibition Act 2011 as amended.


#Newsworthy…

Mompha slam friends shading him for doing a skit with broda shaggi (video)

…flashes new ride


Popular Nigerian Socialite, Ismaila Mustapha popularly known as Mompha featured in a skit by popular comedian, Broda Shaggi.

The Dubai based big boy, received heavy backlash from Internet user over the comedy skit.

Watch the skit below;

In the skit, Mompha had played the role of a wealthy individual that was being accosted by officials of the Nigerian Police Force (NPF).

Reacting to criticisms, Mompha stated that he does not understand why people were getting triggered over his feature.

He said that the people talking against the skit were nowhere to be found when he was going through a bad time, yet, the same set of people frown against his decision to support Broda Shaggi.

Mompha went on to share a skit that featured former president Olusegun Obasanjo. He stated that if the revered leader can be featured in a comedy skit, then he should be able to do the same.

https://www.instagram.com/mompha/?utm_source=ig_embed&ig_mid=3DADAAD7-6E5B-4F70-A341-6CEAAEF76F47


#Newsworthy…

Prosecuted Mompha hides N32.9b tansactions


The Federal High Court sitting in Lagos on Wednesday heard that a suspected Internet fraudster, Ismaila Mustapha, alias Mompha, concealed N32.9billion transactions from the Special Control Unit Against Money Laundering (SCUML) for 25 months.

A prosecution witness, Mr. Matthew Enu-Obun, told Justice Mohammad Liman that the transactions covered December 14, 2015 and January 25, 2018.

Mompha is accused of retaining the N32.9billion in the bank account of his alleged firm, Ismalob Global Investment Ltd, during the period.


The social media celebrity was arraigned by the Economic and Financial Crimes Commission (EFCC) alongside Ismalob Global Investment on 14 counts of alleged fraud, money laundering and running a foreign exchange business without the authorisation of the Central Bank of Nigeria (CBN).

He was granted bail in the sum of N100 million with one surety in the like sum.


The prosecution has since opened its case and has led several witnesses in evidence.

At the resumption of trial on Wednesday, prosecution counsel Rotimi Oyedepo resumed examination of the fourth prosecution witness, Enu-Obun.


Enu-Obun, an official of the Special Control Unit Against Money Laundering (SCUML), told the court that his agency had no record of the defendants’ transactions of December 14, 2015 to January 25, 2018.

He testified that from available records, Ismalob Global Investment Ltd never reported the transactions to SCUML.


When Oyedepo asked the witness who signed Exhibit C (a reply to the investigation activities on the defendant), he answered: “I signed it.”

Under cross-examination by defence counsel Gboyega Oyewole (SAN), the witness told the court that he had been with SCUML since 2006.


He said he worked in the Compliance department and gained promotion to the position of a principal compliance officer.

When Oyewole said: “So, you have never been in the Operations department?” Enu-Obun replied: “No.”


When asked the full meaning of DNFI, the witness said it stood for Designated Non-Financial Institutions.

According to him, DNFI included categories of businesses such as casinos, supermarkets, chartered accounting and law firms.


Further hearing was adjourned till February 26.

In the charge, the EFCC alleged that Mompha laundered the funds in tranches of N18,059,353,413 billion and N14,946,773,393.00 billion.

The commission further alleged that the defendant, not being a financial institution, or an authorised foreign exchange dealer, negotiated foreign exchange transaction in the sums of N9.416million, N20million, N10,437,400.00, N10miillion, N2.46million, N10miillion, N100million, N61million, N100million, N40.7million and N42million.

The alleged offences contravene sections 15(2) and 18(3) of the Money Laundering (Prohibition) Act, 2011 as amended.


#Newsworthy…

Mompha defraud people with his illegal Bureau de change – EFCC


The Economic and Financial Crimes Commission has said that social media celebrity, Ismaila Mustapha, better known as Mompha, ran an illegal bureau de change, which he used to defraud people.

Tony Orilade, spokesperson for the EFCC, disclosed this in a statement on Wednesday.


The anti-graft agency said the fourth prosecution witness, Enu Matthew Obun, on Wednesday, January 15, 2020, told a Federal High Court, Ikoyi, Lagos, presided over by Justice Abdullahi Liman, that the suspected Internet fraudster ran an illegal bureau de change with his company Ismalob Global Investments Limited.

EFCC is prosecuting Mompha alongside the company on a 14-count charge bordering on cyberfraud and money laundering to the tune of N33bn.


Mompha, who is the first defendant in the matter, is alleged to have used the company to launder funds, part of which he used to acquire properties in Dubai, United Arab Emirates.

Led in evidence by prosecution counsel, Rotimi Oyedepo, the witness, a compliance officer with the Special Control Unit Against Money Laundering of the EFCC, told the court that on November 15, 2019, the commission requested from SCUML the regulation and compliance status of the company and that “upon inspection, it was discovered that Ismalob is not registered with the SCUML.”

Ismaila Mustapha (MOMPHA)


He further stated that “From the database search in the office, there is no information on Ismalob Global Investment Limited and all the transactions that were done in the company’s account between December 14, 2015 and January 25, 2018 are not on SCUML’s record.”

Justice Liman adjourned the matter until February 26, 2020 for continuation of trial.


#Newsworthy..

After N100m bail, Mompha’s trial set to resume in High court


A Federal High Court in Lagos will resume the trial of Ismaila Mustapha a.k.a Mompha on the 15th of January, 2020 over alleged N33billion fraud.

Mompha was arrested by EFCC operatives at the Nnamdi Azikiwe Airport Abuja on October 19th and was arraigned before the court on November 25th on a 14 count charge bordering on Money Laundering and suspected internet fraud.


He was arraigned alongside his company, Ismalob Global Investment.

The EFCC alleged that Mompha used Ismalob Global Investment, owned by him, to retain the aggregate sum of N18.05billion between 2015 and 2019. He was also alleged to have aided his company 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.

The EFCC also accused Mompha and his firm of unlawfully negotiating a Foreign Exchange transaction with a total sum of N630, 125, 900 million, for some individuals. According to the EFCC, the offences contravened Sections 18(c) and 15(2)(d) of the Money Laundering Prohibition Act, 2011 and punishable under Section 15 (3) of the same Act.

Mompha was, however, granted bail by the court on November 29th, 2019 and after fulfilling his bail condition, he was released on December 9th, 2019.


#Newsworthy…

In – EFCC arrested and detained me without evidence – Mompha blows hot.

…says not FBI, interpol

Two days ago, Ismaila Mustapha a.k.a Mompha regained his freedom after perfecting the bail conditions handed to him by a Lagos High Court.

Mompha has now issued a revealing and strongly worded statement on his Instagram page saying that EFCC detained him for 40-days with no evidence of fraud against him.

He went on to share the 14-count charge against him and claimed he has no relationship with the two accomplices that were linked to him, and only met them for the first time after they were brought to the EFCC office by officials.

In his words, ‘now i know its a crime to be a Nigerian, they did this to me because of hate, enviness and jealousy. I met Hamza the lebanese guy on october 24th 2019 at EFCC office for the first time in my life and also Kayode Philips i don’t know why they have to lie that he is my partner and my accomplice’.

See his full statement below…

In Every situation you find urself prayer is the only Key!! l was arrested on october 18 2019 by Efcc not interpol or Fbi, No interpol or Fbi is looking for me cos i dont knw where all these stories are coming from and the order of my arrest came from one of their head in lagos because he has my travel details, which i asked what was my offence but he told me till you get to lagos when i got to lagos on october 19 2019 he showed me my bank statement and ask me about the funds which came to my account btw 2015 to 2017 which i defended all.

To my greatest suprise the next thing they did was to post that i was involve in internet fraud, BEC, cyber fraud and also 51 bank accounts which such never happened and it went viral worldwide what kind of country are we in nothing like investigation they tried to tarnish my image but God pass them, I was in their custody for 40days which no evidence of fraud was found on me After my lawyer sued Them for keeping me for Long on 22nd of November they gave me my charge sheet for 14 counts on money laundering on a Legit Business i did wit a mobile company in Nigeria.

Now i knw its a crime to be a nigerian, I was shock when i came out to see people calling me different names like fraudster, Criminal, Yahoo boy which i have never defraud anyone or steal from anyone also no petition on me or any one or company reported me. They did this to me because of Hate, Enviness, Jealousy.

First i need to clear the air on something i met Hamza the lebanese guy on october 24th 2019 at Efcc office for the first time in my life and also kayode philips i dont know why they have to lie that he is my partner and my accomplice. why all these lies just to bring me down But now am Stronger and wiser!!!

May Almighty Allah Help me in this Big situation (Amin). Now the whole world knows what they charge me for as the case is in court and my trial has begin!!! Special Thanks to my Strong wife and my family and my Real friends who stood by me During this trial of life

#Newsworthy…

Suspected Fraudster, Mompha Freed After Paying N100Mn Bail Term.

Ismaila Mustapha a.k.a Mompha has regained his freedom after perfecting the bail conditions handed to him by a Lagos High Court.

Recall NobleReporters reported that Mompha who was arraigned by the Economic and Financial Crimes Commission (EFCC) on 14 counts bordering on fraud, money laundering and running a foreign exchange business without the authorisation of the Central Bank of Nigeria (CBN), was granted a N100m bail on Friday, November 29.

The Dubai-based Nigerian businessman was admitted to bail with one surety who must be a landed property owner by Justice Mohammad Liman, who ordered him to deposit his passport with the Deputy Chief Registrar of the court and report at the EFCC office every fortnight to show that he has not left the country.

Mompha has now perfected his bail conditions as he was spotted with his friends earlier today after regaining his freedom.

#Newsworthy…

See how N18Bn was paid to Mompha’s fidelity bank account – Witness.

A prosecution witness, Peter Ademola Adegoke, a Compliance Officer with Fidelity Bank Plc, on Friday told Justice Abdullai Liman of the Federal High Court in Ikoyi, Lagos how the sum of N18bn was paid into the account of a company, Ismalob Global Investments, belonging to Ismaila Mustapha, also known as Mompha.

Mompha was arraigned on November 25, 2019 on a 14-count charge bordering on money laundering to the tune of N33 billion.

Adegoke, told the judge that evidence showed that Mompha was the sole signatory to Ismalob Global’s naira account.

Reading from the firm’s statement of account, Adegoke told the court that between 2015 and October 2019, there was a total inflow of N18.5bn into the account, while a total of about N18bn moved out within the same period.

He said the account had a balance of N598,000.

At today’s sitting, the first prosecution witness, PW1, Anne Nnenna Ezekannagha, a Manager in the Customers Service Department of the Central Bank of Nigeria, CBN, told the court that Mompha’s company, Ismalob Ventures, was not registered with the CBN and that he did not have the license to operate as a Bureau de Change operator.

Led in evidence by the prosecution counsel, Rotimi Oyedepo, Ezekannagha further told the court that “We got a letter from the EFCC on the activities of Ismalob Global Ventures.

“However, we have no history of the name with the CBN.”

She said for the CBN to licence a firm as a BDC operator, such firm must show evidence of incorporation as a limited liability company by the Corporate Affairs Commission.

She explained that all licensed BDCs have a transaction limit of $5,000.

When the defence counsel, Gboyega Oyewole SAN, asked her whether it was unlawful for an individual who has foreign currency in his domiciliary account to give foreign currency to a friend in exchange for naira, the CBN official said it would not be unlawful if it was not a commercial transaction.

She said it becomes a commercial transaction if it involves making profit and it would be illegal.

A Benin City-based BDC operator, Ikenna Okafor, who testified as another prosecution witness, told the court that he did business with Ismalob Global Investment Limited through “one of its directors, Alhaji Ahmadu Mohammed.”
Okafor said Mohammed used to come to his base in Benin, Edo State, to buy Euro in the name of Ismalob Global Investment Limited.

“After negotiation with Ismalob Global Investment Limited through Alhaji Mohammed, he usually makes payment into my account through Ismalob,” Okafor said.
Under cross-examination by Oyewole, Okafor said he met Mompha for the first time three days ago at the EFCC office in Ikoyi.

The BDC operator said he was himself detained for seven days by the EFCC before being released on an administrative bail during the week.

#Newsworthy…

Mompha granted N100 Million Naira Bail. (See full details)

A Federal High Court sitting in Lagos has granted N100 million bail to embattled Nigerian big man, Ismaila Mustapha, otherwise known as Mompha.

Justice Mohammed Liman granted him bail on Friday after Mompha’s arraignment by the Economic and Financial Crimes Commission (EFCC).

Mompha, who was arrested on October 19 at Nnamdi Azikiwe International Airport, Abuja was arraigned on Monday on 14 counts bordering on fraud, money laundering and running a foreign exchange business without the authorisation of the Central Bank of Nigeria (CBN).

The EFCC alleges that Mompha procured Ismalob Global Investment Limited and retained in its bank account an aggregate of N32.9 billion between 2015 and 2018.

Mompha pleaded not guilty to the charges.

#Newsworthy…

Mompha’s partners in crime locked up in prison custody, ordered by the court.

The Lagos zonal office of EFCC on Thursday, November 28 arraigned duo of Kayode Phillip and Hamza Koudeih before Justice Muslim S. Hassan of the Federal High Court, sitting in Ikoyi, Lagos on a 25-count charge bordering on conspiracy and money laundering.

The defendants, who are high-valued targets in Organized Cyber Syndicate Network, OCSN, were arrested for their alleged involvement in various cyber crimes and money laundering.

One of the count reads: “That you, Kayode Phillip (a.k.a Voice of the King) and Hamza Koudeih (a.k.a. HK) sometime in May, 2019 within the jurisdiction of this Honourable Court conspired among yourselves to commit an offence to wit: conversion of the aggregate sum of $7, 069, 000 (Seven Million, Sixty-Nine Thousand United States Dollars), £1, 000, 000 (One Million Pounds) and €80,000 (Eighty Thousand Euro), which sum you reasonably ought to have known form part of the proceeds of fraud and you thereby committed an offence contrary to Sections 18 (a), 15 (2)(d) of the Money Laundering Prohibition Act, 2015 and punishable under Section 15(3) of the same Act.

The defendants pleaded not guilty to the charge preferred against them by the Commission.

In view of their pleas, the prosecution counsel, Abass Mohammed, prayed the court for a trial date and asked that the defendants be remanded in Correctional Service custody as the detention facilities of the EFCC custody had been over-stretched.

Counsel to the first defendant, Oladele Falana, however, informed the court that he had filed a bail application on behalf of his client and served same on the prosecution today.

He, therefore, craved the indulgence of the court for the earliest date possible to hear the application.

Counsel to the second defendant, Abdullahi Mohammed, told the court that an application for bail had been filed and served on the prosecution.

Mohammed further urged the court to hear the application and grant the prayers therein, adding that “My client has hinted that he prefers to go to the prison custody and that he will not be opposing the applications of the prosecution.”

Though the prosecution counsel, Mohammed, told the court that he had yet to receive a copy of the second defendant’s application for bail, he conceded to the defendant being remanded in prison custody.

Consequently, Justice Hassan adjourned the matter to December 5, 2019 for bail hearing and ordered that the defendants be remanded in the Nigerian Correctional Service custody.

#Newsworthy…

Court Adjourns Case Of Mompha’s Accomplices, Koudeih And Philips…

The Federal High Court in Lagos has rescheduled the arraignment of Lebanese Hamza Koudeih and his accomplice Kayode Philip, alias Voice of the King, accused of money laundering.

Mr Philip and Koudeih are facing 24 counts filed against them by the Economic and Financial Crimes Commission (EFCC).

Their arraignment, which was initially scheduled for Monday, November 25, before Justice Muslim Hassan, couldn’t go on as Koudeih’s lawyer, Abdulamid Mohammed, said he was yet to see the charge sheet against his client.

The lawyer, who is based in Abuja, said he was only told on Sunday that the matter would be coming up in Lagos on Monday and he had to rush down.

He said on getting to court on Monday morning, his client told him that the EFCC served the charge sheet on him on Friday and he gave it to his wife who took it home.

Mr Mohammed prayed Justice Hassan to adjourn the case to enable him to study the charge sheet and prepare for his client’s defence, citing Section 36 of the constitution, which provided that an accused must be given adequate time and facility to prepare for his defence.

The prosecuting counsel for the EFCC, Rotimi Oyedepo, opposed the prayer for an adjournment.

Following arguments between the lawyers, Justice Hassan, in a short ruling, said he would like to exercise caution and adjourn the case for Koudeih’s lawyer to study the 24 counts and the three volumes of proof of evidence filed by the EFCC against the defendant.

He adjourned till Thursday, November 28 for arraignment.

In the first count, the EFCC alleged that Philip and Koudeih conspired to convert aggregate sums of $7.06million and €80,000, “which sums you reasonably ought to have known form part of proceeds of fraud.”

The prosecution said the duo acted contrary to sections 18(a) and 15(2)(d) of the Money Laundering (Prohibition) Act and were liable to be punished under Section 15(3) of the same Act.

The EFCC had on October 26 arrested Koudeih in his multi-million dollar Victoria Island luxury apartment in Lagos.

The EFCC claimed that Koudeih pays an annual rent of $5million for the apartment in the 33-storey Eko Atlantic Pearl Tower, VI.

#Newsworthy…

Kolade Philips, second accomplice of Mompha raided by EFCC…

A second associate of Ismaila Mustapha, a k.a Mompha made a surprise appearance in court on Monday, November 25 alongside the more well-known Hamza Koudeih who was arrested in a high brow apartment in Banana Island, weeks ago.

Their trial could however not kick off, unlike Mompha’s own, who was charged separately and who pleaded not guilty to a charge of N33 billion money laundering and running a foreign exchange business without the authorisation of the Central Bank of Nigeria. Mompha has been remanded in prison custody.

Justice Muslim S. Hassan of the Federal High Court sitting in Ikoyi adjourned the arraignment of Mompha’s accomplices till November, 28, 2019. The EFCC did not indicate when the bespectacled Phillip was arrested and where. When the matter was called today, Koudieh’s counsel, Abdulhamid Mohammed told the court that he was only informed of the arraignment earlier in the day and didn’t have a copy of the charge.

He pleaded with the court for a short adjournment to enable him study the charge and prepare his client before the plea is taken. “I am not adequately prepared for the plea to be taken in respect of the 2nd defendant and I humbly urge the court to adjourn this matter to the earliest possible date”.

The prosecution counsel, Rotimi Oyedepo opposed the application, arguing that the plea relevant to jurisdiction of court was not that of the counsel. Rotimi relying on S271(2&3) of the Administration of the Criminal Justice Act, stated that the defendant had been served with the charge and he knows what to do with it.

He therefore urged the court to discountenance the prayers of the defence and allow his plea to be taken. Justice Hassan however adjourned the matter until Thursday November 28 for arraignment. Phillip and Hamza, both accomplices of Ismaila Mustapha (aka Mompha) will be tried on a 24- count charge bordering on conspiracy and money laundering.

#Newsworthy…

Fraud Alert: High court set to arraign mompha’s Lebanese associate..

The Federal High Court in Lagos has rescheduled the arraignment of an alleged money launderer, Kayode Philip, alias Voice of the King, and his suspected Lebanese accomplice, Hamza Koudeih, to Thursday, November 28.

Philip and Koudeih are facing 24 counts filed against them by the Economic and Financial Crimes Commission.

Their arraignment, which was scheduled for Monday before Justice Muslim Hassan, could not hold as Koudeih’s lawyer, Abdulamid Mohammed, said he had yet to see the charge sheet against his client.

The lawyer, who said he was based in Abuja, told the judge that he was only informed on Sunday that the matter would be coming up in Lagos on Monday and he had to rush down.

He said on getting to court on Monday morning, his client told him that the EFCC served the charge sheet on him on Friday and he gave it to his wife who took it home.

Mohammed prayed Justice Hassan to adjourn the case to enable him to study the charge sheet and prepare for his client’s defence, citing Section 36 of the Constitution, which provides that an accused must be given adequate time and facility to prepare for his defence.

But the prosecuting counsel for the EFCC, Rotimi Oyedepo, opposed the prayer for an adjournment.

Following arguments between the lawyers, Justice Hassan, in a short ruling, said he would like to exercise caution and adjourn the case for Koudeih’s lawyer to study the 24 counts and the three volumes of proof of evidence filed by the EFCC against the defendant.

He adjourned till Thursday, November 28, for arraignment.

In the first count, the EFCC alleged that Philip and Koudeih conspired to convert aggregate sums of $7.06m and €80,000, “which sums you reasonably ought to have known form part of proceeds of fraud.”

The prosecution said the duo acted contrary to sections 18(a) and 15(2)(d) of the Money Laundering (Prohibition) Act and were liable to be punished under Section 15(3) of the same Act.

The EFCC had, on October 26, arrested Koudeih in his multi-million dollar Victoria Island luxury apartment in Lagos.

The EFCC claimed that Koudeih paid an annual rent of $5m for the apartment in the 33-storey Eko Atlantic Pearl Tower VI.

#Newsworthy…

Mompha pleaded not guilty in the high court…

Islamila Mustapha aka Mompha, has pleaded not guilty to the N33billion money laundering and Internet crime charges filed against him by the Economic and Financial Crimes Commission (EFCC).

Mompha was arraigned before Justice Mohammed Liman of the Federal High Court on a 14-count charge this morning November 25th.

Following his ”Not guilty” plead, the presiding judge ordered that he be remanded in prison custody and adjourned the case till Friday November 29th for hearing of his bail application and commencement of trial.

#Newsworthy…