Mompha now in prison For this

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Socialite Ismaila Mustapha, moniker Mompha is at present being held at the Ikoyi Correctional Center in Lagos over his inability to satisfy his bail conditions.

Review that he was as of late allowed bail by an Ikeja Special Offenses Court.

The new remand request comes after Mompha and his organization, Ismalob Global Investment Ltd., were charged by the Economic and Financial Crimes Commission (EFCC) over supposed N6 billion extortion on January 12.

The eight count charges are connivance to wash finances got through unlawful action and washing of assets got through unlawful action. Others are maintenance of continues of criminal lead, utilization of property got from unlawful demonstration, ownership of report misrepresentation affectation and inability to reveal resources and properties.

Equity Mojisola Dada, at the resumption of procedures on Tuesday in the wake of hearing the entries of safeguard counsel, Gboyega Oyewole and EFCC examiner, Rotimi Oyedepo, truly Mompha bail in “extremely impressive terms.”

“The candidate is allowed bail in the amount of N200 million with two guarantees in like total. One of the guarantees should have property esteemed at N100million inside the locale of this decent court. The two guarantees should oust to an oath of means to permit the position of a lien in their particular ledgers, the two guarantees should be beneficially utilized and inhabitant inside the locale of this court.

The guarantees should give confirmation of expense installment to the beyond three years. The candidate will anyway be remanded in a Correctional Center of his decision forthcoming the flawlessness of his bail,” Justice Dada said. Mompha, after discussion with his lawful group picked to be remanded at the Ikoyi Correctional Center. The case was suspended until March 28, 29 and April 4, 5 and 6 for beginning of preliminary.

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