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Court Grants Mompha ₦100 Million Bail After A Month In EFCC Custody

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Popular Instagram celebrity Ismaila Mustapha, also known as Mompha, has been granted bail to the sum of 100 million.


Just yesterday, a Federal High Court sitting in Lagos made the decision after his alleged 33 billion fraud case.




The EFCC had arrested him on 19th October 2019, at the Nnamdi Azikiwe International Airport, Abuja. The court order stated that he remain in the Commission’s custody.


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Air Peace CEO Allen Onyema Indicted For Bank Fraud


Just last week, Air Peace Chairman, Allen Onyema, faced an indictment for bank fraud and money laundering in America.


Allen Onyema


It involves moving more than $20 million from Nigeria through United States bank accounts in a scheme involving false documents based on the purchase of aeroplanes.


The international airline’s Chief of Administration and Finance, Ejiroghene Eghagha, also faces the same bank fraud charge and allegations of committing aggravated identity theft in connection with the scheme.


Robert J. Murphy, the Special Agent in Charge of Drug Enforcement Agency (DEA), Atlanta Field Division, commented on the indictment below:

“Allen Onyema’s status as a wealthy businessman turned out to be a fraud. He corrupted the US banking system, but his trail of deceit and trickery came to a skidding halt.


“DEA would like to thank the many law enforcement partners and the subsequent prosecution by the US Attorney’s Office who aided in making this investigation a success.”


We hope other celebrities will take a cue from Mompha’s arrest and desist from any activity that relates to money laundering and fraud.


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