Mompha, others named in new money laundering charge against 606 autos’ boss

The Economic and Financial Crimes Commission (EFCC) has named the internet celebrity, Ismail Mustapha, popularly called Mompha, in a nine-count amended charge brought against Sarumi Samusideen Babafemi, the managing director and chief executive officer of 606 Autos Limited; 606 Music Limited and Splash Off Entertainment Limited. Others listed in the amended charge are; Ridwan Momodu Allison, a.k.a. Osama said to be at large, Richard Ogbah. In the charge marked FHC/L/CS/374c/2019, Sarumi, Mompha; Ridwan and Richard, were alleged to have laundered the total sum of N157.1 million. The beneficiaries of the…

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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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