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N32.9bn Scandal: Court grants Mompha N200m bail

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Ikeja Special Offences Court, on Tuesday, has granted Instagram celebrity, Ismaila Mustapha, popularly known as Mompha, N200 million bail following the recent N32.9bn scandal levied against him by the Economic and Financial Crimes Commission (EFCC).

The Court also requested two sureties, one of which must own a property valued at N100 million within its jurisdiction.

He and his company, Ismalob Global Investment Limited, are standing trial on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N32.9bn brought against him by the EFCC.

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