Court Grants Mompha N200m Bail

Popular Instagram celebrity, Ismaila Mustapha, popularly known as Mompha, has been granted bail of N200 million by the Justice Mojisola Dada-led Ikeja Special Offences Court on Tuesday.

The Court also requested two sureties, one of which must own a property valued at N100 million within its jurisdiction.

Mompha had filed for bail through his lawyer, Gboyega Oyewole (SAN).

He and his company, Ismalob Global Investment Limited, are standing trial on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N32.9bn brought against him by the Economic and Financial Crimes Commission (EFCC).