The EFCC has confirmed the arrest of Instagram celebrity, Ismaila Mustapha popularly known as Mompha.
Okay.ng had earlier reported that the Nigerian based in Dubai, UAE, was reportedly arrested at Nnamdi Azikiwe International Airport, Abuja, on his way to Dubai Emirate following series of intelligence reports received by the Commission
EFCC in a statement on Tuesday, October 22, 2019, confirmed that Mompha was allegedly involved in internet-related fraud and money laundering.
According to the EFCC operatives, “actionable cross border intelligence received from collaborative law enforcement agencies about his alleged involvement in the criminal activities further strengthened our suspicion”.
Ismaila who allegedly perpetrates his fraudulent activities under the guise of being a Bureau de Change operator is always seen with his little son flaunting huge amount of foreign currencies on his social media platforms.
Investigations have also revealed that Ismaila is only using the BDC business, he jointly owned with his siblings, as a decoy to launder his proceeds of crime.
However, the suspect has volunteered useful information to the operatives and has admitted to be reasonably involved in the first two cases he was alleged to be involved.
At the point of arrest, five wristwatches with a total worth of over twenty million naira (N20, 000, 000: 00) was recovered from him.
The suspects will soon be charged to court as soon as investigation is concluded.
