Popular businessman Ismaila Mustapha, known as Mompha, has branded the Economic and Financial Crimes Commission (EFCC) as “useless” and corrupt.
This came after the EFCC recently reported the discovery of a staggering N35 billion in bank accounts linked to him.
During Mompha’s ongoing trial, an EFCC prosecution witness, Idi Musa, testified that the substantial sum was found in two bank accounts associated with the businessman.
Musa, an investigator with the EFCC, made this disclosure in court, adding another layer of complexity to Mompha’s legal troubles.
Mompha, along with his company Ismalob Global Investment Limited, is facing multiple charges of money laundering. The EFCC arraigned him on January 12, 2022, on an eight-count charge.
The charges include conspiracy to launder funds obtained through unlawful activity, retention of proceeds of criminal conduct, and failure to disclose assets and property, among others.
The sixth prosecution witness, Idi Musa, provided his testimony on July 1, 2024, detailing how the N35 billion was traced to the two bank accounts linked to Mompha.
Mompha took to Instagram to express his frustration and disdain for the EFCC. He reposted a news report about the recent court proceedings and wrote, “The most useless and corrupt Nigeria government agency @officialefcc ???”
