Money laundering: Court revokes Mompha’s N200m bail, orders arrest

Spread the love

 Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Wednesday, June 22, 2022, revoked the N200m bail earlier granted to one Ismaila Mustapha, popularly known as Mompha, and also issued a bench warrant for his arrest.

Mompha, alongside his company, Ismalob Global Investment Limited, are being prosecuted by the Economic and Financial Crimes, EFCC, on an eight-count charge 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.

The trial had been stalled on Thursday, June 16, 2022, due to the absence of the defendant.

The defence counsel, Gboyega Oyewole, SAN, had, during the June 16, 2022 sitting, pleaded for a stand down, assuring the Court that his client would attend the proceedings.

READ ALSOMan bags jail term for e-transfer fraud in Makurdi

However, the defendant still failed to show up in court, despite the stand down.

At Wednesday’s proceedings, the matter was again stood down to 12.00p.m. at the instance of the prosecution.

When the case was eventually called, the defendant was again absent in court, prompting Justice Dada to ask: “So, where is the defendant?”

In his response, Oyewole, who also expressed surprise at the development, told the court that he was given the assurance that the defendant would be in court.

“I had his assurance until yesterday night that he will be in court, and that was why I was waiting downstairs for him,” he said.

Oyewole further told the court that following the absence of the defendant at the last sitting, he made efforts to ensure that the defendant was in court for the continuation of the trial.

READ ALSOMan docked for N36m fraud in Ebonyi

Reacting to the development, the prosecuting counsel, Rotimi Oyedepo, said: “If I say that this development is not shocking, it will be an understatement.

“As on Tuesday, the learned Senior Advocate discussed with me and assured me that we should continue today with this proceedings.”

Oyedepo then informed the court that, “we’ve been able to file a plea bargain that he signed.”

He, however, noted that the defence counsel seemed to have taken some steps, adding that “it appears it is not yielding any results.

“I urge your lordship to issue a warrant for his arrest and for the production of the defendant before your lordship.”

Consequently, Justice Dada ruled that “The bail of the defendant is once again revoked and a bench warrant issued for his arrest against the next adjourned date of Thursday, 30th June 2022.”

The Judge had, on June 10, 2022, ordered the temporary revocation of the defendant’s bail but released him to his counsel, who pleaded for one week to investigate the allegation by the prosecution that the defendant procured another  passport different from the one submitted to the court, as part of conditions for his bail.

NO COMMENTS

LEAVE A REPLY