Just In: Mompha Remanded In Prison Custody

The Economic and Financial Crimes Commission, EFCC, has on Monday, arraigned suspected internet fraudster, Ismaila Mustapha, alias Mompha.

Naija News understands that he was charged with 14 counts bordering on cyber fraud and money laundering by the EFCC.

Meanwhile, the suspected internet fraudster has pleaded not guilty to the money laundering charges leveled against him.

However, Justice Mohammad Liman remanded him in prison custody and adjourned till Friday for hearing of his bail application and commencement of trial.

Naija News recalls that Mompha had on Thursday dragged EFCC before a High Court in Lagos State for detaining him beyond the constitutionally stipulated days without charging him to court.

In the suit filed by his lawyers, Gboyega Oyewole (SAN), Ademola Adefolaju, Kolawole Salami and four others, the businessman is demanding the sum of N5m as damages from the anti-graft agency.The self-acclaimed Bureau-De-Change operator also sought a court order directing the EFCC to release him unconditionally forthwith from its custody.