Mompha has been re-arrested by the EFCC over accusations of money laundering amounting to N6 billion
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There have been reports of the re-arrest of the well-known Instagram personality, Mompha, by the EFCC on allegations of involvement in a substantial money laundering scheme totaling N6 billion.

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Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos, has confirmed the arrest of Ismaila Mustapha, popularly known as Mompha.

It is worth recalling that in 2022, the EFCC had declared Mompha wanted as part of their investigations.

The anti-graft agency had previously charged Mompha and his company, Ismalob Global Investment Ltd, with alleged fraud, accusing the socialite and his company of being involved in a N6 billion fraud.

In a recent development, it has been reported that Mompha has been re-arrested by the EFCC on the same charges related to money laundering.

However, due to Mompha's failure to appear in court, Justice Dada has revoked the previously granted N25 million bail variation and issued a bench warrant for his arrest.