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Court grants Mompha N100m bail

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By Toby Prince

The Federal High Court in Lagos has granted N100 million bail to social media celebrity, Ismaila Mustapha, popularly known as Mompha.

Justice Mohammed Liman granted him bail on Friday after Mompha’s arraignment by the Economic and Financial Crimes Commission (EFCC).

The judge also ruled that Mompha is to produce one surety who must be a landed property owner.

The defendant was ordered to deposit his international passport with the Deputy Chief Registrar of the court and report at the EFCC office fortnightly.

Justice Liman adjourned proceedings until January 8, 2020.

Mompha, who was arrested on October 19 at Nnamdi Azikiwe International Airport, Abuja was arraigned on Monday on 14 counts bordering on fraud, money laundering and running a foreign exchange business without the authorisation of the Central Bank of Nigeria (CBN).

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Support our journalism with a contribution of any size

Nigeria's media space is swamped with falsehood, deceit and delusion. Just a handful abides by the truth. TheNigerian is one of the unique platforms helping to shape the global narrative about Nigeria and her citizens across the world. It's quite costly to maintain this brand of journalism, however.

Readers from around the world, like you, make TheNigerian's work possible. We need your support to deliver quality, investigative journalism – and to keep it open for everyone. At a time when factual, honest reporting is critical, your support is essential in protecting our editorial independence. Every contribution, however big or small, is so valuable for our future.

Our brand of professional citizens' journalism requires a contribution from members of the public, patronage and sponsorship to thrive. We rely on this financial support to be able to carry out our numerous obligations of training, running cost, production, printing and general services. We also embark on Corporate Social Responsibilities through educational programs on our TV, newspaper and blogs.

Make a token donation to support us:
Account Name: Patriot and Sage Digital Communication Ltd
Account No: 1015619537
Bank Name: Zenith Bank

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