EFCC’s 4th witness gives evidence in Mompha’s money laundering trial

The trial of Ismaila Mustapha aka Mompha continued today, January 15, 2020 as a witness revealed to the court that the defendant runs an unregistered Bureau de Change Company. Mompha is standing trial alongside his company, Ismalob Global Investments Limited before Justice Muhammad Liman of the Federal High Court, Ikoyi, Lagos on a 14-count charge bordering on cyber fraud and money laundering to the tune of N33 billion. The defendant who is fingered as a major figure in an organised transnational cyber fraud network, allegedly used his company, Ismalob Investment…

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Money laundering: Court adjourns  Morpha’s trial till Jan. 15

The scheduled commencement of trial of alleged internet fraudster, Ismail Mustapha popularly called Mopha, before a Federal High Court, Lagos, has been adjourned till next Wednesday, January 15, 2020. The adjournment was sequel to the on going Christmas/New year vacation that is been observed by the Court. The new date was fixed at the instance of Morpha’s lawyer, Ademola Adefolaju who stood in for Mr. Gboyega Oyewole (SAN) and a lawyer from the anti-graft agency, who were in court today. Morpha was on November 25, 2019, arraigned before the court…

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Alleged N1.6bn fraud: We follow due process in opening companies’ Accounts linked to Dudafa

A prosecution witness, Ademola Rasak Folorunsho, in the trial of former Senior Special Assistant, to Ex-President Goodluck Jonathan on Domestic Affairs, Emmanuel Waripamo Owei- Dudafa and one other, today told justice Mohammed Idris of the Federal High Court, Lagos, that his bank followed due process in the opening and operations of the accounts of five the companies linked to dudafa in an alleged N1.6bn fraud. Folorunso while answering questions under cross-examination from Mr. Kolawole Salami, who holds the brief of Mr Gboyega Oyewole (SAN) counsel for Dudafa, also told the…

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Prosecutor’s absence stalls trial of firms linked to Patience Jonathan’s $15.5m fraud

Hearing could not continue at a Lagos Federal High Court, today where three persons and four companies are standing trial for alleged cover up in the   $15.5 million belonging to former First Lady Dame Patience Jonathan. At the resumed hearing of matter today, Mr Ademola Adefolaju who holds the brief of Mr Gboyega Oyewole, SAN, lawyer for former Special Adviser on Domestic Affairs to President Jonathan, Dr Waripamo Dudafa, told the court that he was surprised at the absence of the prosecutor. Adefolaju told the court that in view of…

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