Social media celebrity, Ismaila Mustapha, alias Mompha, on Tuesday, January 18, opted to be remanded at the Ikoyi Correctional Center following his inability to meet the strict bail conditions imposed by an Ikeja Special Offences Court, Lagos.

Mompha and his company Ismalob Global Investment Ltd were arraigned by the Economic and Financial Crimes Commission (EFCC) over alleged N6 billion fraud, on Wednesday, January, 12.

The eight count charges are conspiracy to launder funds obtained through unlawful activity and laundering of funds obtained through unlawful activity.

Others are retention of proceeds of criminal conduct, use of property derived from unlawful act, possession of document containing false pretence and failure to disclose assets and properties.

https://www.mynigeria.com/NigeriaHomePage/NewsArchive/Mompha-fails-to-meet-bail-conditions-chooses-to-stay-at-Ikoyi-Correctional-Centre-516841