Alleged N33bn fraud: Witness reveals how N18bn was paid into Mompha’s bank account

A prosecution witness, Peter Ademola Adegoke, a Compliance Officer with a new generation bank on Friday, told Justice Abdullai M. Liman of the Federal High Court sitting in Ikoyi, Lagos how the sum of N18bn was paid into the account of a company, Ismalob Global Investments, belonging to Ismaila Mustapha, also known as Mompha.

It would be recalled that Mompha was arraigned on November 25, on a 14-count charge bordering on money laundering to the tune of N33bn.

But at today’s 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 and that he did not
have the license to operate as a Bureau de…

Read All From The Original Article On Daily Post

%d bloggers like this: