A 200 million Naira bail has been slammed on Ismail Mustapha popular as aMopha.
Recall that Mompha was re-arrested by the Economic and Financial Crimes Commission (EFCC), for money laundering and retention of alleged proceeds of crime on January 10.
Upon his appearance in court, Justice Mojisola Dada of the Ikeja Special Offences Court on Tuesday, January 18, granted him a bail of N200 million.
The Court also requested two sureties, one of which must own a property valued at N100 million within its jurisdiction.
Mompha had filed for bail through his lawyer, Gboyega Oyewole (SAN).
He and his company, Ismalob Global Investment Limited, are standing trial on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N32.9bn.
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