The Economic and Financial Crimes Commission has confirmed the arrest of ‘Instagram celebrity’, Mompha, whose real name is Ismaila Mustapha.
The EFCC stated in a statement by its Spokesman, Mr. Wilson Uwujaren on Tuesday that Mompha was arrested on Friday at the Nnamdi Azikiwe International Airport, Abuja on his way to Dubai, United Arab Emirates.
Mompha, who was arrested last Friday was accused to have allegedly used his bureau de change to launder funds.
The Commission said that five wristwatches valued over N20 million were recovered from him at the point of arrest.
“The EFCC, Lagos Zonal office, has arrested a social media celebrity, Ismaila Mustapha popularly known as Mompha for alleged involvement in internet-related fraud and money laundering.
“The suspect was arrested on Friday 18 October, 2019 at the Nnamdi Azikiwe International Airport, Abuja on his way to Dubai, United Arab Emirates following series of actionable intelligence reports linking him to organised transnational cyber fraud and money laundering.
“Ismaila allegedly perpetrates his fraudulent activities under the cover of being a Bureau de Change operator, to launder his proceeds of crime. However, the suspect has volunteered useful information while investigation continues.
“At the point of arrest, five wristwatches with a total value of over N20m were recovered from him. The suspect will be charged to court as soon as investigation is concluded.”