Popular businessman, Ismaila Mustapha aka Mompha, has described the Economic and Financial Crimes Commission, EFCC, as a “useless” and corrupt organisation.

Mompha’s outburst was in response to the EFCC’s recent report that a staggering N35 billion was discovered in his bank account, News360 Nigeria gathered

A prosecution witness, Idi Musa and an investigator with the EFCC testified in court that the money was found in two bank accounts linked to Mompha.

Musa spoke in the ongoing trial of Mompha, who is facing money laundering charges alongside his company, Ismalob Global Investment Limited.

The anti-graft agency had arraigned Mompha on an eight-count charge, including conspiracy to launder funds obtained through unlawful activity, retention of proceeds of criminal conduct, and failure to disclose assets and property, among others.

Mompha’s trial has been ongoing since January 2022, with the recent testimony from the EFCC’s witness shedding new light on the case.

It was reported that “The sixth prosecution witness, PW6, Idi Musa, in the trial of Ismaila Mustapha, (a.k.a Mompha) an investigator with the Economic and Financial Crimes Commission, EFCC, on Monday, July 1, 2024, told Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos how the sum of N35bn was found in two bank accounts linked to the defendant.

The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, had, on January 12, 2022, arraigned 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 pretences and use of property derive from unlawful act.”

Reposting the writeup, Mompha wrote on Instagram: “The most useless and corrupt Nigeria government agency @officialefcc ?”

Prove Your Claims Against Corrupt Officials, EFCC Dares Mompha

The Economic and Financial Crimes Commission (EFCC) has stated that its attention has been drawn to the “malicious and unsubstantiated” statement credited to Ismaila Mustapha popularly known as Mompha, where he reportedly levelled allegation of corruption against the operatives of the Commission.

In a release sighted by News360 Nigeria, the anti-graft agency’s Head of Media & Publicity, Dele Oyewale noted that the claim, coming from an accused in a criminal trial for conspiracy to launder funds obtained through unlawful activity, retention of proceeds of criminal activities, and failure to disclose assets and property, ought to be ignored as the rantings of a sinking defendant.

Oyewale remarked that the claims strike at the heart of the Commission’s most prized value-integrity and must be challenged.

“The Commission is alarmed that the accused will abandon the platform offered by the court to launch a media war against it through spurious claims.

“If he believes that raising phantom accusations against the Commission will scare it from diligently prosecuting his case, he is mistaken as no amount of scaremongering will deter the Commission from pursuing the case to a logical conclusion,” Oyewale said.

Consequently, he buttressed that while Mompha may just be a drowning man clutching at any straw owing to the overwhelming evidence of his involvement in the money laundering case, his unsubstantiated claims against the EFCC are an issue the Commission is taking seriously.

“To this end, the Executive Chairman of the EFCC, Mr. Ola Olukoyede has directed that Mompha be invited to bring clasping evidence of any issue of corruption against any staff of the Commission. Besides, the socialite should also justify his labeling of the EFCC as a “useless agency” with evidential proof.”

The anti-grant agency’s spokesman, however, said, “As a responsible law enforcement agency, the EFCC would not sit back and allow libelous effusions against its reputation to go unchallenged.

“Mompha, to all intents and purposes, cannot be expected to paint the EFCC in bright colours owing to the professional ways officers of the Commission are handling his matter. The EFCC would not be distracted from playing its job by the antics of traducers like Mompha.”

Meanwhile, the anti-graft agency advised the public to ignore his ranting as Mompha should rather face his prosecution before a court of competent jurisdiction.

SOURCE: https://news360ng.com/efcc-most-useless-agency-in-nigeria-says-mompha/

true! he said it all!

Tinubu selected vagabonds and clueless men to run Nigerian agencies. His tenure will certainly be remembered as the worst in Nigerian history

Efcc was only effective and useful during obj's time...

Specifically under Ribadu.

Afterwards it became corrupt and utterly useless gradually over time.

Currently it's at its worst stage of uselessness.

It's now just a witch hunting agency!

Two of them look alike. They should go and settle in a village meeting.

Na today yansh go stay for back?

“Most useless agency” while keeping far away.
Stay around, face the case, win the case and prove that you are correct. You cannot label such an organization with such a horrible name and yet you are not able to prove the source of your humongous wealth. Was the sum of 35B found in your account? Simple yes or no. If yes, how did you get the sum? If no, how did the sum get into your account when you are not Dangote or Elumelu, who their sources of income are very clear for all to see?

I concur

It served its functions during OBJ. Now, it’s sole aim is for political witch-hunt.

InfoGuru118:


SOURCE: https://news360ng.com/efcc-most-useless-agency-in-nigeria-says-mompha/

He said the truth. He is totally right.

Watch Nigerians get happy that a fraud is labelling the country bad.

Lol

Lol 😂

He is right.

If EFCC wasn't the most corrupt agency. He, Mompha would be rotting in jail right now.

Yahoo man don drop quote
Agba Yahoo Mompha
Carry go

Change begins with you and I

Okay

Group of kleptomaniacs and vagabonds have hijacked Nigeria’s democracy.

Lol

Yahya Bello is in


Govt house


Of


Kogi State

One day, we'll get it right 👍

Supported!

If Nigerian government is serious,

Let do a bank account statement verification on all our security forces officials.

The discovery will cause some Nightmares to most people around the world.

We agree with you but oga the matter on ground be say!

35B dey your accounts or not, and if yes, whats the sauce or maggi

Empowered & Funded Corrupt Cabals

You can say that again bro

Never had an encounter with them so I won't say he is right.

The Lawyers and Judges that make up the Judiciary is the most corrupt arm of govt in Nigeria.
If the Judiciary is not the most corrupt organ, people like Yahaya Bello and Hadi Sirika, Sadiya Umar and Akpabio should be in Jail by now.

Anyway, it doesn't matter much cos 75% of Nigerians are Fantastically corrupt.

EFFCC is proficient in pursuing "Yahoo Boys" from design!

Corruption is fighting corruption

Lol EFCC the most useless? I think you mean NiMET

We don hear abeg

EFCC warned about things like this last week

This is the week the protest against it will take place

It's going to be an interesting week ahead