The Economic and Financial Crimes Commission has alleged that Ismaila Mustapha also known as Mompha, concealed his wealth in wristwatches and other movable assets valued at over N70million.
This was revealed by the anti-graft agency on Wednesday at Lagos Special Offences Court in Ikeja.
EFCC had arraigned the Internet celebrity Mompha and his firm, Ismalob Global Investment Limited.
They were both arraigned before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on eight charges bordering on alleged money laundering of over N6billion.
The offence is contrary to relevant sections of the Advance Fee Fraud Act of 2006 and the EFCC Act of 2004.
Read the full story in Sahara ReportersC Nigeria ii8
