The Economic and Financial Crimes Commission (EFCC) on Friday, presented its latest witness against Ismaila Mustapha, aka Mompha, before Justice A. M. Liman of the Federal High Court in Ikoyi, Lagos.
The anti-graft agency is prosecuting Mompha alongside his company, Ismalob Global Investment Limited, on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N33billion.
Prosecution counsel, Rotimi Oyedepo, invited Mompha’s uncle, Alhaji Ahmadu Mohammed, as the 10th prosecution witness (Pw10).
Alhaji Mohammed recalled that he and one other person are directors at Ismalob Global Investment Limited. According to him, Mompha was the sole signatory to the account of the company, domiciled in Fidelity Bank.
He also disclosed that Mompha’s shares in the company are worth 600,000, while those of two other directors are worth 200,000 each. Mompha’s uncle also disclosed that his job was to buy the Euro equivalent of the money sent to Mompha and send back in cash to the recipient, on Mompha’s directives.
Finally, he said that the company whose operations commenced in December 2015, is not a registered bureau de change. On cross-examination, defence lawyer, Gboyega Oyewole SAN said there was no link between Ismalob Global Investment Limited and Mompha BDC. He insisted that the former is a separate company.
Justice Liman adjourned till July 24, 2020, for hearing on an application filed by Mompha through the defence counsel for the release of his properties seized by the EFCC.