The Economic and Financial Crimes Commission (EFCC) has announced that Dubai-based Nigerian Bureau De Change (BDC) operator, Ismaila Mustapha aka Mompha, will be charged to court on Monday.
This coming after Mompha filed a N5 million suit against the commission on Wednesday, to challenge his continued unlawful detention and violation of his human rights.
Mompha will now be arraigned before Justice Mohammad Liman of the Federal High Court, Ikoyi Lagos on Monday, November 25, alongside his accomplices Hamza Koudeih, Kayode Philip, on a fourteen-count charge bordering on alleged money laundering and other related offences.
You can read the 14-count charges filed against Mompha below:
COUNT 1
That you Ismaila Mustapha between 2015 and 2018, within the Jurisdiction of this Honourable Court procured Ismalob Global Investment Limited to retain the aggregate sum of N 18,059,353,413 (Eighteen Billion Fifty Million, Three Hundred and Fifty Three Thousand, Four Hundred and Thirteen Naira) in its account No. 5260000846 domiciled in Fidelity Bank Plc which sum you reasonably ought to have known formed part of the proceeds of unlawful act to wit: fraud you thereby committed an offence contrary to Sections 18(c) and 15{2)(d) of the Money Laundering Prohibition Act,2011 as amended and punishable under section 15 (3) of the same Act.
COUNT 2
That you Ismaila Mustapha between 2015 and 2017, within the jurisdiction of this Honourable Court aided Ismalob Glabal Investment Limited to retain the aggregate sum of N 14,946,773,393.00 (Fourteen | Billion Nine Hundred and Forty Six Million, Seven Hundred and Seventy Three Thousand, Three Hundred and Ninety Three Naira) in its account No. 5260000846 domiciled in Fidelity Bank Plc from Pitacalize Ltd which sum you reasonably ought to have known formed part of the proceeds of unlawful act to wit: fraud you thereby committed an offence contrary to | Sections 18(a) and 15(2)(d) of the Money Laundering Prohibition Act,2011 as amended and punishable under section 15 (3) of the same Act.
COUNT 3
That you Ismaila Mustapha and Ismalob Global Investments Limited, on or about the 17″ day of December, 2015, within the jurisdiction of this Honourable Court, not being an authorized seller appointed by the Central Bank of Nigeria pursuant to Section 5(1) of Foreign Exchange Monitoring and Miscellaneous (Provisions) Act CAP F34 LFN 2004 negotiated a foreign exchange transaction in the sum of N9,416,700.00 Nine Million Four Hundred and Sixteen Thousand Seven Hundred Naira) with Mr. Ikechukwu Kingsley Onuzulike and you thereby committed an offence contrary to Sections 5 and 29(1)(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act Cap F34 LFN 2004 and punishable under Section 29(2) of the same Act.
COUNT 4
That you Ismaila Mustapha and Ismalob Global Investments Limited, on or about the 17 December, 2015, within the jurisdiction of this Honourable Court, not being an authorized seller appointed by the Central Bank of Nigeria pursuant to Section 5(1) of Foreign Exchange Monitoring and Miscellaneous (Provisions) Act CAP F34 LEN 2004 negotiated a foreign exchange transaction in the sum of N20,000,000.00 (Twenty Million Naira) with Mr. Ikechukwu Kingsley O. and you thereby committed an offence contrary to Sections 5 and 29(1)(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act Cap F34 LFN 2004 and punishable under Section 29(2) of the same Act.
COUNT 5
That you Ismafla Mustapha and Ismalob Global Investments Limited, on or about the 21 December, 2015, within the jurisdiction of this Honourable Court, not being an authorized seller appointed by the Central Bank of . Nigeria pursuant to Section 5(1) of Foreign Exchange Monitoring and Miscellaneous (Provisions) Act CAP F34 LFN 2004 negotiated a foreign exchange transaction in the sum of N10,437,400.00 (Ten Million Four Hundred and Thirty Seven Thousand, Four Hundred Naira) with Mr. Ikechukwu Kingsley Onuzulike and you thereby committed an offence contrary to Sections 5 and 29(1)(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act Cap F34 LFN 2004 and punishable under Section 29(2) of the same Act.
negotiated a foreign exchange transaction in the sum of 410,000,000.00 (Ten Million Naira) with Mr. Ojei Osemeke and you thereby committed an offence contrary to Sections 5 and 29(1)(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act Cap F34 LFN 2004 and punishable under Section 29(2) of the same Act.
COUNT 9
That you Ismaila Mustapha and Ismalob Global Investments Limited, on or about the 2″ day of November, 2016, within the jurisdiction of this Honourable Court, not being an authorized seller appointed by the Central Bank of Nigeria pursuant to Section 5(1) of Foreign Exchange Monitoring and Miscellaneous (Provisions) Act CAP F34 LFN 2004 negotiated a foreign exchange transaction in the sum of 4100,000,000.00 (One Hundred Million Naira) with Mr. Okafor Ikenna and you thereby committed an offence contrary to Sections 5 and 29(1)(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act Cap F34 LFN 2004 and punishable under Section 29(2) of the same Act
COUNT 10
That you Ismaila Mustapha and Ismalob Global Investments Limited, on or about the 9″ day of November, 2016 within the jurisdiction of this Honourable Court, not being an authorized seller appointed by the Central Bank of Nigeria pursuant to Section 5(1) of Foreign Exchange . Monitoring and Miscellaneous (Provisions) Act CAP F34 LFN 2004 negotiated a foreign exchange transaction in the sum of §61,080,000.00 (Sixty One Million, Eighty Thousand Naira) with Mr. tkenna Okafor and you thereby committed an offence contrary to Sections 5 and 29(1}(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act Cap F34 LFN 2004 and punishable under Section 29(2) of the same Act.f. a foreign exchange transaction in the sum of 410,000,000.00 (Ten Million Naira) with Mr. Ojei Osemeke and you thereby committed an offence contrary to Sections 5 and 29(1)(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act Cap F34 LFN 2004 and punishable under Section 29(2) of the same Act.
COUNT 9
That you Ismaila Mustapha and Ismalob Global Investments Limited, on or about the 2″ day of November, 2016, within the jurisdiction of this Honourable Court, not being an authorized seller appointed by the Central Bank of Nigeria pursuant to Section 5(1) of Foreign Exchange Monitoring and Miscellaneous (Provisions) Act CAP F34 LFN 2004 negotiated a foreign exchange transaction in the sum of 4100,000,000.00 (One Hundred Million Naira) with Mr. Okafor Ikenna and you thereby committed an offence contrary to Sections 5 and 29(1)(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act Cap F34 LFN 2004 and punishable under Section 29(2) of the same Act
COUNT 10
That you Ismaila Mustapha and Ismalob Global Investments Limited, on or about the 9″ day of November, 2016 within the jurisdiction of this Honourable Court, not being an authorized seller appointed by the Central Bank of Nigeria pursuant to Section 5(1) of Foreign Exchange . Monitoring and Miscellaneous (Provisions) Act CAP F34 LFN 2004 negotiated a foreign exchange transaction in the sum of §61,080,000.00 (Sixty One Million, Eighty Thousand Naira) with Mr. tkenna Okafor and you thereby committed an offence contrary to Sections 5 and 29(1}(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act Cap F34 LFN 2004 and punishable under Section 29(2) of the same Act.
COUNT 11
That you Ismaila Mustapha and Ismalob Global investments Limited, on or about the 28″ day of June, 2017, within the jurisdiction of this Honourable Court, not being an authorized seller appointed by the Central Bank of Nigeria pursuant to Section 5(1) of Foreign Exchange Monitoring and Miscellaneous (Provisions) Act CAP F34 LFN 2004 negotiated a foreign exchange transaction in the sum of 440,700,000.00 (Forty Million Seven Hundred Thousand Naira) with IK Tony Global Communications and you thereby committed an offence contrary to Sections 5 and 29(1)(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act Cap F34 LFN 2004 and punishable under Section 29(2) of the same Act
COUNT 12
That you Ismaila Mustapha and Ismatob Global Investments Limited, on or about the 27″ day of July 2017, within the jurisdiction of this Honourable Court, not being an authorized seller appointed by the Central Bank of Nigeria pursuant to Section 5(1) of Foreign Exchange Monitoring and Miscellaneous (Provisions) Act CAP F34 LFN 2004 negotiated a foreign exchange transaction in the sum of N42,100.000.00 (Forty Two Million, One Hundred Thousand Naira) with IK Tony Global Communication and you thereby committed an offence contrary to Sections 5 and 29(1)(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act Cap F34 LFN 2004 and punishable under Section 29{2) of the same Act .
COUNT 13
That you Ismaila Mustapha and Ismalob Global Investments Limited, within the jurisdiction of this Honourable Court engaged in a foreign exchange transaction other than through the official foreign exchange market and you thereby committed an offence contrary to section 11(1)(a) of the National Economic Intelligence Committee Establishment id Act and punishable under section 11(2) of the same Act.
COUNT 14
That you, Ismaila Mustapha and Ismalob Global Investments Limited within the jurisdiction of this Honourable Court, sometimes being a : Designated Non-Financial Institution (“DNFI”) failed to comply with the requirements of submitting to the Federal Ministry of Industry, Trade and Investment a declaration of your activities as specified under section ! 5(1)(a) of the Money Laundering (Prohibition) Act, 2011 (as amended) and you thereby committed an offence punishable under section 16(2) (b) of i the same Act.
