Money laundering: Internet celebrity, Morpha gets N100m bail

A Federal High Court, Lagos, today, granted bail to the Internet Celebrity, Ismail Mustapha, popularly called Morpha, who was arraigned before the court for allegedly laundering the sum of N33 billion, in the sum of N100 million with one surety. The surety according to the presiding judge, Justice Mohammed Liman, must have a landed property with the Court’s jurisdiction, which its tittle documents must be verified by relevant Lands authority, while the surety is to be verified by the Court’s Deputy Chief Registrar (DCR). Justice Liman also ordered Morpha to…

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Alleged N33bn money laundering: Court fixes Nov. 29 for trial of Mompha

A Federal High Court, Lagos, today, fixed Friday, November 29, for the commencement of trial of an Internet Celebrity, Ismail Mustapha, popularly called Mompha, for alleged laundering of over N18.. billion The court presided over by Justice Muhammed Liman, fixed the date after Mompha had pleaded to 14 counts charge of money laundering, unauthorized BDC trading and failure to comply with the Federal Ministry of Industry, Trade and Investment in carrying out his business . Arraigning the susp[ect, the prosecuting agency through its lawyers, Rotimi Oyedepo and A. S. Sulaiman,…

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