Money laundering: Court adjourns Mompha’s trial till Dec. 16

The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, is prosecuting Mompha alongside his company, Ismalob Global Investment Limited, on an eight-count charge bordering on conspiracy to launder funds obtained through unlawful activity, retention of proceeds of criminal conduct, laundering of funds obtained through unlawful activity, failure to disclose assets and property, possession of documents containing false pretense and use of property derived from an unlawful act.

Mompha alongside his company, Ismalob Global Investment Limited, was first arraigned by the EFCC on January 12, 2022.