THE Economic and Financial Crimes Commission has fingered Internet celebrity, Ismaila Mustapha, alias Mompha, in an amended charge against an automobile dealer, Sarumi Babafemi, alias 606.

Babafemi had been arraigned alongside his companies; 606 Autos Limited; 606 Music Limited; and Splash Off Entertainment Limited, on five counts before the Federal High Court in Lagos.

The EFCC accused him of laundering a total of N207.1m between 2013 and 2018.

However, in an amended nine counts marked FHC/L/CS/374c/2019, the EFCC accused Babafemi, Mompha, one Ridwan Allison, aka Osama, said to be at large and Richard Ogbah of laundering the total sum of N157.1m.

The anti-graft agency alleged that the beneficiaries of the funds, who are Omojadesola Allison; Olandewaju Oriyomi; Abiola Ayorinde; Bartholomew Ezeudoka and Amobi Uchenna E, received the sums of N37.6m; N93m; N1.5m and N25m respectively.

The EFCC accused Babafemi and his companies of concealing and disguising the origins of the funds he allegedly laundered for Mompha and others.

The offences, according to the EFCC, are contrary to sections 15(2)(b) and 15(3)(a) and punishable under section 15(3) of the Money laundering (prohibition) Act 2011 (as amended).

However, the re-arraignment of Babafemi could not take place on Monday as his counsel, Muiz Banire (SAN), opposed the EFCC’s application for re-arraignment on the grounds that he was being served the amended charge while in court.

Justice Chukwujekwu Aneke adjourned the matter till April 21, 22 and 23 for the re-arraignment and trial of Babafemi and his companies.

Source: https://punchng.com/mompha-joined-in-fresh-charges-against-auto-dealer/

On a more serious note, I was told that EFCC now does House to House search, and causing stampede on the streets, who does that in a sane world. It’s Time for EFCC to be seriously regulated and all these silly things we keep hearings that they have an internal competition of the zone that will make the most arrests should STOP. How many cars they wan seize?

Meanwhile the real underground Barons are in high political offices shielded from prosecution

He's bureau de change nau

All these guys after making all sorts of illegal money they will say they are into bureau de change.

OdogwuBlog:


Source: https://punchng.com/mompha-joined-in-fresh-charges-against-auto-dealer/

Wahala be like fake life!



Let's design your dream house jo!

The bible explicitly says thou shall not steal..

This is what you get when you arrest somebody and start looking for evidence.

No be politicians dem dey launder the money for?

G

Money standing stall in everything......

606.... ikate car dealers..

Again

Money is good no doubt. Think about it,
Keep quiet , no butss, money get it.

Free them niggas joor.
Las las na money go close the case

EFCC can talk for Africa

This case will die natural death as usual or less financially privilege will serve sometimes in prison while the chief perpetrator of the crime will keep enjoying his freedom.

Mompha always in the news for something wrong

Mompha go soon enter politics...such is life in Nigeria.

I have absolute nothing to say. Maybe the guy after me has an opinion.

Issorite

Mompha, one rich mumu...

See this one head.. All I can say here is Money is good

Kasala

I just like mompha.

Just for who he is. Always smiling

When is EFCC going to probe Tinubu and his bullion vans

We hang the petty thieves and appoint the great ones to public office. Though, A thief is a thief, whether he steals a diamond or a cucumber. In Nigeria, justice is "The big thieves hanging the little ones."

ShenTeh:
I have absolute nothing to say. Maybe the guy after me has an opinion.

he said Issorite

You mean someone role model will be going to jail