A Nigerian social media personality, Ismaila Mustapha, popularly known as Mompha, has not left the spotlight as a court in Ikeja, Lagos, reserves judgement in his alleged N6 billion money laundering case until October 15, 2026.
The Economic and Financial Crimes Commission (EFCC) took to its social media account to announce the reservation by Justice Mojisola Dada of the Lagos State Special Offences Court on June 30.
Who is Mompha?
Mompha built a large following showcasing a lavish Lagos-Dubai lifestyle. The “Sky Man” showed private jets, supercars, luxury watches, and high-end living. He’s married with a daughter, and a son. His son Awal Mustapha, also known as Mompha Junior, was nicknamed the “world’s youngest billionaire” in 2022 because of his fleet of luxury cars, a private jet and a mansion at 9 years old. Mompha’s flamboyant online presence turned him into a symbol of “big boy” success, but it also drew the attention of anti-graft authorities. 
Mompha was first arrested in October 2019 at Nnamdi Azikiwe International Airport, Abuja, while attempting to board a flight to Dubai. According to the EFCC, he was allegedly arrested for internet fraud and money laundering through his company Ismalob Global Investment Limited. The laundry involved transactions in tens of billions tied to him and a Lebanese associate, Hamza Koudeih, who was also arrested in 2019.
According to the BBC, he was later charged and granted bail in related proceedings.
SEE ALSO: Banana Island Tenant Accuses Ex-Bank MD Landlord of Harassment
In January 2022, Mompha, alongside his company, Ismalob Global Investment Limited, was arraigned again. According to the anti-corruption agency, he faces an eight-count charge bordering on the following:
- Conspiracy to launder funds allegedly obtained through illegal activities
- Retention of proceeds of criminal conduct
- Failure to disclose assets
- Possession of documents containing false pretences
The total amount (allegedly obtained by false pretence) involved in the transactions is approximately ₦5.99 billion. He also has one named accomplice, Ahmadu Mohammed, still at large.
SEE ALSO: Blaqbonez Reacts After Odumodublvck Accuses Him of Sexual Abuse in X Rant
The current trial has seen delays, bail variations, and a period where he was declared wanted after allegedly jumping bail. There was also a 2023 re-arrest with international assistance.
Although Mompha pleads not guilty, the court has already dismissed a no-case submission. This means Mompha and his company must defend themselves.
About The Author
