The Economic and Financial Crimes Commission (EFCC), has reportedly arraigned internet celebrity, Ismaila Mustapha, aka Mompho and his companies, Ismalob Global Investment for alleged laundry in the neighborhood of N6 billion.
Both Mospha and Ismalob were on Wednesday, arraigned before Justice Mojisola Dada of an Ikeja Special Offences Court on eight-count charges. The defendants (Mospha and Ismalob were accused of conspiracy to launder funds obtained through unlawful activity, retention of such funds, transfer of funds for a suspect Olayinka Jimoh aka Nappy Boy, and unlawful transfer of funds for a record label, among others.