A Federal High Court in Lagos has granted suspected money launderer, Ismaila Mustapha, also known as Mompha, N100m bail on Friday, 29th November.
Mompha was arraigned for alleged N33billion fraud but he pleaded not guilty to a 14-count charge bordering on the offences.
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The Economic Financial Crimes Commission (EFCC) arrested Mompha on October 19 at the Nnamdi Azikiwe International Airport, Abuja.
He was remanded in the commission’s custody following a court order.
