Mompha, Lebanese friend’s arrest remains a landmark achievement —Magu
Ibrahim Magu, the acting chairman of the EFCC, has stated that suspected internet fraudster, Ismaila Mustapha popularly known as Mompha, laundered the Sim of N33billion alongosde his Lebanese accomplice. Hamza Koudeih.
Magu also revealed that both men belonged to an international syndicate which specializes in laundering money in Dubai.
Magu disclosed this while speaking at a press conference in Lagos.
He said , “ The recent arrest of a social media celebrity, Ismaila Mustapha, popularly known as Mompha ; and his Lebanese collaborator , Hamza Koudeih , for their alleged involvement in internet – related fraud and money laundering , remains a landmark achievement of the EFCC.
“ I make bold to tell you that these arrests have further confirmed our commitment to the anti – graft war , while also sending a red alert to potential internet fraudsters.
“ I am sure you will be greatly shocked to know that five wristwatches valued at over N60 m were recovered from the suspect .
“ Investigation has also revealed that he operates 51 bank accounts in Nigeria , with which he acquired properties in Dubai ; and had allegedly laundered about N14 bn through a firm known as Ismalob Global Investments Limited .
“ His accomplice , Koudeih , also has two firms namely , THK Services Limited and CHK properties Limited with which he has allegedly laundered about N19 bn . ”
The efcc boss added that the suite which Koudeih lived in at the Eko Atlantic Pearl Tower goes for $5m per annum.
Magu said they got to discover that the men and their collaborators were high valued targets due to international and local actionable intelligence.
“They will be charged to court accordingly as soon as investigation is concluded , ” he added.