N33bn Fraud: Witness Reveals How N18bn Was Paid into Mompha’s Account
A prosecution witness, Peter Ademola Adegoke, a Compliance Officer with Fidelity Bank Plc, on Friday, November 29, 2019, told Justice Abdullai M. Liman of the Federal High Court sitting in Ikoyi, Lagos.
the witness reveals how the sum of N18bn was paid into the account of a company, Ismalob Global Investments, belonging to Ismaila Mustapha, also known as Mompha. Mompha was arraigned on November 25, 2019 on a 14-count charge bordering on money laundering to the tune of N33bn.
At yesterday sitting, the first prosecution witness, PW1, Anne Nnenna Ezekannagha, a Manager in the Customers Service Department of the Central Bank of Nigeria, CBN, told the court that Mompha’s company, Ismalob Ventures, was not registered with the CBN.
However the case is still under investigation as the court has not give their final judgement on the case.