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EFCC's Official Statement On Ismaila Mustapha AKA Mompha’s Arrest

Felix Egbomuche

Felix Egbomuche

The Economic and Financial Crimes Commission has released an official statement on the arrest of Ismaila Mustapha, aka Mompha.

On Monday evening, reports surfaced online that the socialite had been apprehended by the anti-graft agency over alleged money laundering and internet fraud suspicion.

The self-acclaimed Bureau de Change operator was arrested at the Nnamdi Azikiwe International Airport, Abuja, on his way to Dubai.

Following the reports online, the EFCC has now published an official statement detailing the process that led to the arrest and detention of the Instagram big boy.

The statement, titled "Alleged Internet fraud, Money Laundering: EFCC Arrests Ismaila Mustapha, a.k.a Mompha" read:

"The EFCC, Lagos Zonal office, has arrested a renowned social media celebrity, Ismaila Mustapha, popularly known as Mompha, for an alleged involvement in internet-related fraud and money laundering.

"The suspect was arrested on Friday 18, October 2019, at the Nnamdi Azikiwe International Airport, Abuja, on his way to Dubai Emirate following series of intelligence reports received by the commission.

"Actionable cross border intelligence received from collaborative law enforcement agencies about his alleged involvement in the criminal activities further strengthened our suspicion.

"Ismaila allegedly perpetrates his fraudulent activities under the guise of being a Bureau de Change operator.

"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) were recovered from him. The suspect will soon be charged to court as soon as investigation is concluded.”

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Alleged Internet fraud, Money Laundering: EFCC Arrests Ismaila Mustapha, a.k.a Mompha . . The EFCC, Lagos Zonal office, has arrested a renowned Social Media celebrity, Ismaila Mustapha popularly known as Mompha for an alleged involvement in internet related fraud and money laundering. . . The suspect was arrested on Friday 18, October 2019 at the Nnamdi Azikiwe International Airport, Abuja on his way to Dubai Emirate following series of intelligence reports received by the Commission. . . 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 allegedly perpetrates his fraudulent activities under the guise of being a Bureau de Change operator. . . 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 suspect will soon be charged to court as soon as investigation is concluded. For details of this and other stories, visit our website: www.efccnigeria.org . . #InternetFraudster #Scam #Fraud #Corruption #MoneyLaundering #EFCC #TheFightAgainstCorruption #FightingForYou

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