Tag: Money laundering

  • Alleged N6bn money laundering: Absence of defence counsel stalls Mompha’s trial

    Alleged N6bn money laundering: Absence of defence counsel stalls Mompha’s trial

    The absence of the defence counsel to Ismaila Mustapha (alias Mompha), on Wednesday stalled the trial in the alleged six billion Naira money laundering against him.

    Newsmen reports that Justice Mojisola Dada of an Ikeja Special Offences Court adjourned the case until Dec. 16 for trial, following the absence of the defence counsel, Mr Gboyega Oyewole (SAN).

    The Economic and Financial Crimes Commission (EFCC) counsel, Mr Suleiman Suleiman had earlier informed the court that the prosecution was in court with two witnesses as the court had fixed the date for commencement of trial.

    Suleiman, however, informed the court of the absence of the lead defence counsel.

    “There is no representation for the defence and I tried reaching the junior counsel who said that the SAN ought to be here,” he said.

    NAN reports that court had on Sept. 21 ordered the begining of trial of the defendant in absentia after he failed to appear before the court.

    The EFCC had on Jan. 22 arraigned Mompha alongside his company, Ismalob Global Investment Ltd., on eight counts of six billion Naira laundering.

    The court had on June 22 issued a bench warrant for Mustapha’s arrest following his absence in court.

    Dada also revoked the bail she granted the defendant.

    The social media celebrity was equally absent in court on June 16.

    On June 10, EFCC accused him of flouting the court’s order by travelling to Dubai with a new international passport.

    The charge against Mustapha include conspiracy to launder money obtained through unlawful activities, and laundering of money obtained through unlawful activities.

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

  • BREAKING: Wanted popular Lagos socialite and owner of Adekaz Hotels arrested by NDLEA

    BREAKING: Wanted popular Lagos socialite and owner of Adekaz Hotels arrested by NDLEA

    Ten days after he was declared wanted, operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested fleeing Lagos socialite and owner of Adekaz Hotels, Alhaji Ademola Afolabi Kazeem (a.k.a Alhaji Abdallah Kazeem Muhammed) over offences bordering on exportation and trafficking of illicit drugs as well as money laundering.

    Recall that the NDLEA had on Tuesday 1st November declared the suspect wanted following his failure to honour invitations and an order granted by a Federal High Court in Lagos. The wanted drug kingpin was uncovered as the sponsor of some traffickers arrested by the anti-narcotics agency in their recent attempt to export cocaine to Dubai, UAE and other destinations outside Nigeria.

    “The search for him however paid off on Thursday 10′ Nov when he was successfully taken into custody where he is currently being interviewed. His lid was blown open after the arrest of one of his mules, Bolujoko Muyiwa Babalola, a Lagos BRT driver on 27th June at the Murtala Muhammed International Airport (MMIA), Ikeja, when he named Alhaji Ademola Kazeem, alias Adekaz as the owner of the 900grams of cocaine he ingested.

    “Following Adekaz’s failure to honour invitations sent to him, the Agency approached a Federal High Court in Lagos with three prayers: to attach and seal his identified properties in choice areas of Lagos Island and Ibadan; declare him wanted and block his bank account with a cash balance of Two Hundred and Seventeen Million Naira (N217,000,000.00), all of which were granted,” a statement by Femi Babafemi, Director of NDLEA’s Media & Advocacy reads.

    In a related development, NDLEA operatives also arrested a businesswoman, Okefun Darlington Chisom over her links with two Pakistanis: Asif Muhammed, 45 and Hussain Naveed, 57, arrested at the Lagos airport with 8 kilograms of cocaine concealed in a sound system while attempting to board a Qatar Airways flight to Lahore, Pakistan via Doha on Saturday 5th Nov.

    An automobile parts dealer, Omeje Oliver (a.k.a David Mark) who was arrested on Monday 31st October in Enugu where he fled to after abandoning his business at Aspanda, Trade Fair Complex Lagos since 16 April in connection with the seizure of 600 grams of heroin concealed inside soles of lady’s footwear going to Liberia, has been linked to another drug seizure.

    A further look at the Agency’s database reveals Omeje was also involved in a case of 1.580kg of Methamphetamine that was seized from one Victor Nwobodo Friday, who was arrested at the MMIA during his aborted trip to Jakarta, Indonesia on February 6, 2018. Charges have been filed against the suspect at the Federal High Court Lagos in respect of the old seizure in addition to that of the recent one.

    Meanwhile, NDEA operatives attached to the SAHCO import shed of the MMIA Lagos have intercepted another consignment of Tramadol from Karachi, Pakistan. A total of 6 cartons comprising 497,900 tablets of Royal Tramaking brand of Tramadol 225mg with a gross weight of 304.90 kilograms were recovered after a joint examination by stakeholders on Friday 11th Nov.

    Operatives in Ogun state in the early hours of Saturday 12′ Nov raided a warehouse at Ogere area of Ikene LGA where they seized 273 jumbo bags of cannabis sativa weighing 3,533 kilograms (3.533tons) from a couple, Mr. and Mrs. Jesutofunmi Solomon.

    This came on the heels of the seizure of 176kgs of C/S at Ogere trailer park on Wednesday 9th Nov and the destruction of 15 hectares of cannabis plantation in Gbamgbam area of the state.

    In the same vein, operatives in Osun state have raided a cannabis plantation at Obada sawmill, Owena ljesa in Oriade LGA where they destroyed 1.2hectares, recovered 2,823kgs of processed C/S and arrested 13 suspects on Sunday 6th November.

    In Ondo, operatives seized 78kgs of cannabis from a dealer, Beauty Godwin at Ofosu along Benin-Ore express road, and another 264kgs from Abdul Rasheed Mohammed, and AbdulRasheed Haruna at Sanusi camp 2 in Owo, while in Rivers state, anti-narcotics officers of the Agency arrested Damion Onuoha during a raid at Elele Alimini community, Emuoha LGA, where he was found with 1.6kgs of Methamphetamine as well as monetary exhibit amounting to six hundred and fifty thousand, seven hundred naira (N650,700.00). A joint operation with the military at Habour road, Port Harcourt City also led to the arrest of Sandra David and seizure of different quantities of cocaine and heroin as well as two million, fifty five thousand, seven hundred and fifty naira (N2,055,750.00) cash exhibit from her home.

    In Edo state, operatives located and destroyed 10 clusters of cannabis sativa farms measuring 14 hectares at Iqwalor forest, Uhunmwonde GA where five bags of processed C/S weighing 47.7kgs were recovered, while a raid at Obadan village, in the same LGA also led to the recovery 11 bags of cannabis sativa seeds weighing 399kgs and 34 bags of processed substance weighing 431kgs, bringing the total weight to 830kgs. Two suspects: Enododia Sunday and Osayaba Paul were arrested at the scene.

    While commending the officers and men of the MMIA, Ogun, Osun, Ondo, Rivers and Edo Commands of the Agency for the successful operations in the past week, Chairman/Chief Executive of NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd), CON, OFR urged them and their counterparts across the country to intensify the heat on drug barons and cartels.

  • Why EFCC is seeking forfeiture of Ekweremadu’s properties

    Why EFCC is seeking forfeiture of Ekweremadu’s properties

    The Economic and Financial Crimes Commission (EFCC) on Friday secured the nod of a Federal High Court sitting in Abuja to publish an order of interim forfeiture of 40 landed properties belonging to a former Deputy Senate President, Sen. Ike Ekweremadu.

    Justice Inyang Ekwo made the order while ruling on a motion exparte brought by the EFCC in Suit No.FHC/ABJ/CS/1242/2022.

    The Commission had approached the court for an order of interim forfeiture of the said properties which “are subject matters of investigation, enquiry and examination by the EFCC, which are reasonably suspected to be the proceeds of unlawful activity of money laundering committed by the respondents”.

    It also added that there was a need “to preserve the properties from dissipation by the respondents”.

    The said application was brought pursuant to Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act 2006.

    In a short ruling on the exparte motion, the Judge granted the application, ordering the EFCC to publish the interim forfeiture order of the properties in a national daily within seven days from the date the Order was given.

    Persons interested in the properties covered by the interim forfeiture order are expected to, within 14 days of the publication of the Order, show cause why the assets should not be permanently forfeited.

    Justice Ekwo adjourned till December 5, 2022, for a report.

    Afeez Mustapha, an investigator with the EFCC, in a supporting affidavit to the application, disclosed that the Commission commenced investigation of Ekeremadu following intelligence received from some foreign entities on suspicion of money laundering involving the acquisition of several properties in United Kingdom, Dubai and the United States of America through proxies and unregistered companies.

    The schedule of properties attached to the forfeiture application listed properties allegedly acquired by Ekweremudu with funds not supported by his legitimate income to include, among others, a London property at Flat 4, Varsity Court, Hormer Street (WIH4NW) which was acquired on December 4, 2008 for £830,000; three properties in Florida, United States, one of which was purchased for $155,000 USD.

    Others are a property on approximately 3000 square meter parcel of land consisting of 7 bedroom detached Boys Quarters, swimming pool, enclosed 3 car garage with roller shutter doors, gate house and generator house at No.6 Ilado Close, Ikoyi, Lagos bought for N630million on August 8, 2015; three blocks of six flats each, totaling 18 luxury flats at Plot 904 Durumi, Abuja acquired for N700million and Four Rootown House at Villa No. 148 Maeeni the Lahes Emirate Hill Dubai valued at $250,00 USD.

  • EFCC to rearraign ex-Lagos A-G, Shasore on Friday

    EFCC to rearraign ex-Lagos A-G, Shasore on Friday

    The Economic and Financial Crimes Commission (EFCC) will, on Friday, arraign a former Lagos State Attorney General and Commissioner for Justice, Olasupo Shasore, SAN, before a Federal High Court, Abuja.

    I was gathered that, Shasore will be arraigned alongside a company, Middlesex Investments Ltd., before Justice Inyang Ekwo on 14-count charge bordering on money laundering.

    Newsmen reports that while the Federal Republic of Nigeria is the complainant in the charge number:

    FHC/ABJ/CR/386/22 filed on Aug. 17 by the EFCC’s counsel, Bala Sanga, Middlesex Investments Ltd and Shasore are 1st and 2nd defendants respectively.

    Shasore is said to be a director and a signatory to the company’s Guaranty Trust Bank account number: 0005659394.

    The anti-graft agency, in count one, alleged that between Sept. 3 and Sept. 11, 2014, the firm and Mr Shasore failed to report in writing to the agency a single lodgement transaction of the sum of N60 million from Mandivera Global Resources Limited into the Guaranty Trust Bank Pic account number 0005659394 of MIddlesex Investments Limited.

    Also in count five, the EFCC alleged that between Aug. 26 and Sept. 3, 2019, the defendants failed to report in writing to the agency a single transfer transaction of the sum of 30, 000 dollars ($30,000.00) from the GTB account number 0005659435 of Middlesex Investments Ltd to the account of Olasupo Shasore.

    The agency said this should be in compliance with Section 10(1)b of the Money Laundering Prohibition Act 2011 (as amended) and punishable under Section 10(3) of the same act.

    The suspects are further accused of failure to comply with the requirements of submitting to the Federal Ministry of Industry, Trade and Investments, a declaration of the activities of the company as specified under Section 5(1)(a)(ii) of the Money Laundering (Prohibition) Act, 2011(as amended) and punishable under Section 16(2)(b)of the same act, among others.

    Newsmen reports that the EFCC had, on Oct. 20, arraigned Shasore before the Ikeja Special Offences Court.
    He was arraigned on a two-count charge bordering on money laundering.

    The former A-G of Lagos State was brought before Justice Mojisola Dada barely 24 hours after he was arraigned at the Federal High Court, Lagos division, on a four-count charge of money laundering.

    Justice Dada consequently granted him bail and adjourned the trial until Dec. 6.

  • Money changers and launderers – By Femi Aribisala

    Money changers and launderers – By Femi Aribisala

    “Where two or three are gathered, an offering must be collected”.

    To be a successful pastor, you have to learn the tricks of the trade. This has nothing to do with preaching insightful and inspiring messages. Neither does it have to do with ministering to the spiritual needs of the members of the church.

    The pastor succeeds or fails according to his ability to pull a crowd and extort as much money as possible from his congregation. If he fails in these vital areas, he is not likely to survive for long as a pastor.

    The technique is simple. You tell your congregants to give and give to the church until it hurts. Even those in debt are encouraged to get out of debt by giving out of their indebtedness.

    These are the voices of strangers who make merchandise of men by peddling the word of God. Peter says: “These teachers in their greed will tell you anything to get hold of your money.” (2 Peter 2:3).

    Money activator

    Some pastors tell Christians that money operates like a “gel activator.” The promises of God proclaimed in their messages are sealed until a “seed offering” is given to activate it.

    Therefore, you are likely to see different members of their congregation suddenly get up in the middle of their sermons to throw money at their feet. One pastor puts this succinctly, saying: “Anointing without money is equal to annoyance.”

    The offering time has become the focal point of church services. Several offerings are collected under different guises. Sometimes, one is collected for “the Father;” another for “the Son;” and yet another for “the Holy Spirit.”

    Shaming the poor

    Even though Jesus says when we give, our right hand should not know what our left hand is doing (Matthew 6:3); some insist offerings must be held up for all to see, in an attempt to embarrass those not inclined to give, or those inclined to offer notes in the smaller currency denominations.

    One convention requires everybody to march forward and drop their offerings on a tray placed strategically in front of the pastor so he can observe exactly how much they are giving and intimidate them into giving more than they would like to. It also serves to embarrass those who cannot give and stay behind.

    At other times, pastors constrain their members to make public vows and pledges. One of my former pastors used to say: “Pledge more than you have; stretch your faith.” When the time comes to redeem the pledge, they will hit you with Ecclesiastes 5:4-6 which says if you make a vow and do not redeem it God will destroy the work of your hands.

    Blessing time

    One technique is to take the offering early to ensure people do not leave before the money can be taken from them. But sometimes this strategy backfires. In one of the services I attended, the pastor noticed that some of the wealthier church members came in after the offering had been collected. So, he insisted it should be collected again.

    The reason he gave was a classic. He said: “I do not want anybody here to be denied the blessings of the day.” Of course, God only blesses during offering times.

    Yetunde Olanrewaju came up with what I presume is a parable. She said one day, a swarm of bees descended on a church while a service was in session. The people panicked and started running out of the building. But the pastor was up in arms. “Wait, wait, please wait,” he pleaded to no avail. “We haven’t yet collected the offering.”

    God forbid that where two or three are gathered in the name of Jesus, an offering should not be collected.

    Money-launderers

    When a villain has ill-gotten gains, he sometimes needs to have the money “laundered.” This is the process whereby stolen money is made respectable by moving it through many legal channels designed to camouflage its original illicit source.

    Sometimes, the stolen money is smuggled out of the country and then brought back in through regular channels, to make it seem like it originated from foreign shores whose records are inaccessible domestically.

    Another version of this money-laundering process is duplicated in the churches with pastors as the lynchpin. You steal the money; you kill for the money; it makes no difference. Just bring the money; pastors will receive it gladly from you with no questions asked. When you bring the money, they will bless you and pray for you. They will also pray that the source from which you got it will not run dry, so you can go and bring some more.

    This goes a long way to assuage the conscience of the wicked. They are encouraged that as long as they give a significant fraction of their stolen money to the church, the theft is sanctified. In effect, the offering is used by the pastor to make atonement for the sin of theft, thereby releasing the crooked donor from guilt. So, pastors receive and launder stolen money on God’s behalf.

    Jesus shows nothing but contempt for this kind of thinking. He said to the Pharisees: “Fools and blind! For which is greater, the gift or the altar that sanctifies the gift?” (Matthew 23:19).

    Thieves and robbers are Satan’s gifts to the churches. Visit the mega-churches in Nigeria and you will discover the people seating in the front row are the big-time thieves who have robbed the country blind. Everybody knows they are crooks; nevertheless, they have pride of place in the churches. Their seats are reserved. The messages preached are carefully crafted so they are not offended and remain comfortable in their thievery.

    Mega-pastors would hardly operate in the tradition of John the Baptist, calling the Herod’s of the country to repentance. On the contrary, when Herod comes to church, they lavish encomiums on him. They give him the microphone to address the congregation.

    Robbers’ revolt

    I was given a fascinating report about a well-known Lagos prosperity pastor. He suddenly saw the light one Sunday and decided to preach the true gospel for a change. He warned his parishioners that: “Righteousness exalts a nation, but sin is a reproach to any people.” (Proverbs 14:34). He told them if they did not repent, they would miss the kingdom of God.

    No sooner had he finished his message than uproar arose. The major financiers of the church were livid, and they asked for an emergency meeting with him. They did not mince words. They told him in no uncertain terms that that kind of message was unacceptable.

    It was very easy for him as a pastor to grandstand with lofty religious sentiments, while living on the money he collects from them. But how did he think they were getting the money they gave him? Let him leave the pulpit and come into the real world so he can see whether it is possible to become a “slum-dog billionaire” through the righteousness that exalts a nation.

    The pastor’s ears were opened. He quickly went back to his old time-worn prosperity and motivational messages, and everyone was happy again. “Preach it, pastor; preach it,” they cheer him on, while an attendant dutifully comes forward to wipe his face with a towel.

  • UPDATED: EFCC arraigns ex-Lagos attorney general, Shasore, gets N50m bail

    UPDATED: EFCC arraigns ex-Lagos attorney general, Shasore, gets N50m bail

    A former Attorney-General (A-G) of Lagos State, Mr  Olasupo Shashore, on Thursday appeared before a Federal High Court in  Lagos to answer to a money laundering charge preferred against him by the Economic and Financial Crimes Commission (EFCC).

    Shasore served as the Attorney-General of Lagos State and the  Commissioner for Justice during the tenure of Mr Babatunde Fashola as the governor.

    He was arraigned before Justice Chukwujekwu Aneke on a four-count charge bordering on money laundering.

    The prosecution accused the defendant of inducing one Olufolakemi Adetore to accept cash payment without going through a financial institution.

    He, however, pleaded not guilty to the charge .

    After his plea, the prosecutor, Mr Bala Sanga, urged the court to order a remand of the defendant in custody pending trial.

    However,  the defence counsel, Mr C.A Candide-Johnson (SAN) who appeared with Messrs Muiz Banire (SAN), Adesegun Adebola (SAN) and Chijioke Okoki (SAN), prayed the court to allow the defendant bail on his self recognisance.

    The defence counsel averred that the defendant personally walked into the court for his arraignment this morning without any reminder, compulsion, or force.

    He also informed the court that the defendant had co-operated with the anti-graft agency whenever required, as he had always made himself as well as documents  requested from him available whenever required.

    Besides, the  defence counsel added that investigation of the matter had been on since the past  three years, adding that the defendant is not a flight risk

    He, therefore, urged the court to exercise its discretion in favour of defence.

    The prosecutor on his part said that  he was not opposed to bail; but added that the concern of the prosecution is only for the defendant to be available to stand trial as lawfully required.

    Following the submissions by counsel, the court stood down the matter for a while, so as to deliver a rulling on the bail application

    In his rulling,  the court later on held: “There is no doubt that the court must strike a balance based on the evidence before it, between the constitutional rights of the defendant to liberty and presumption of innocence and the rights of the state to prosecute its erring citizens.

    “Hence,  the overriding need by the court to ensure that the complainant/respondent is not incapacitated in the discharge of its function by not releasing the defendant on bail ,” he said.

    The court held that exercising its discretion in granting bail in favour of the applicant, would better serve the course of justice, as an accused is presumed innocent until guilt is proven.

    “The defendant’s application for bail suceeds and  the bail is accordingly granted in the following terms:

    “Defendant applicant is admitted to bail in the sum of N50 million with one surety in like sum.

    “The surety must be a serving director or  a permanent secretary in the service of the federation or the Lagos State Government.

    “Surety to produce two copies each of his or her recent passport photograph and evidence of payment of tax or tax clearance.

    “The defendant’s international passport with the complainant shall be deposited with the registrar of this court pending trial; This is the rulling of the honourable court,” he said.

    Meanwhile, the court did not make any remand orders on the defendant who was already on bail.

    The court, however, released him to his lawyers pending the perfection of his bail.

    The judge adjourned the case until Nov. 24 for trial.

    In the charge, the former A-G was alleged to have made a cash payment of 100,000 dollars to one Olufolakemi Adelore through one Auwalu Habu and Wole Aboderin.

    He was alleged to have committed the offences on or about Nov.18, 2014.

    The EFCC also alleged that the defendant made a cash payment of 100,000 dollars to one Ikechukwu Oguine without going through a financial institution.

    The offences contravene the Provisions of Sections 1(a) 16(1)(d), 18(c) and 78(c) of the Money Laundering (Prohibition) Act, 2011 (as amended).

  • EFCC falsely declared me wanted – Mompha

    EFCC falsely declared me wanted – Mompha

    Social media celebrity, Ismaila Mustapha, popularly known as Mompha has said that the Economic and Financial Crimes Commission (EFCC) falsely declared him wanted.

    TheNewsGuru.com (TNG) reports that the EFCC declared Mompha, who is facing a N6 billion money laundering trial before Justice Mojisola Dada of the Ikeja Special Offences Court, wanted on Wednesday.

    In a post via his official Instagram page, Mompha narrated his own side of the story, accusing the anti-graft agency of blackmail and intimidation.

    In the post titled: ‘MOMPHA WANTED BY THE EFCC’ – THE TRUTH STORY, Mompha released a detailed history of his arrest and arraignment by the EFCC.

    The post reads: “After my arrest and arraignment on the first case at the federal high court Lagos, on the 10th of December 2021, the court gave me judgment and ordered EFCC to release my wrist watches and other valuables in their custody to me for been unlawfully seized.

    “Being a bitter agency, the EFCC in dissatisfaction with the judgment of the court on the release of my wristwatches came up with another trumped up charges against me.

    “On the 10th of January 2022 while I was at there office at Okotie Eboh to retrieve my wristwatches in compliance with the judgment of the court and immediately after collecting my wristwatches, they held me down at their office and charged me to court the following day on the frivolous charges.

    “I was arraigned before a familiar Judge to the EFCC and in effect I was given a very difficult bail to meet as a result of which I ended up spending over two months in prison custody while making efforts to meet the difficult bail. After several attempts to meet the bail conditions failed, I successfully applied for the bail conditions to be reduced which eventually led to my release.

    “Upon my release I traveled outside Nigeria to check on the welfare and wellbeing of my family and returned to Nigeria shortly only for the EFCC Corrupt lawyer, Rotimi Oyedepo rather than focus on the establishing his criminal case against me along with the EFCC operative Kaina Garba, chose to capitalize on the fact that I travelled to blackmail me into entering plea bargain with EFCC else he would inform the Judge I travelled and ensure my bail is revoked therefore making me have no choice than to dance to his tune.

    “I initially refused but after so much blackmail and intimidation by Rotimi Oyedepo, I succumbed and was told to pay N142 million naira to EFCC as compensation and also sign for a one year imprisonment sentence which I was uncomfortable with and they thereafter reduced it to N40 million naira and one year imprisonment.

    “When it became obvious to EFCC that I wasn’t going to sign the plea bargain and play to their game, they informed the Judge I travelled and the Judge without any concrete evidence and disregard

    “The fact that I was never absent in court, revoked my bail but fortunately the Judge again released me on a temporary basis and I was asked to appear in court a week after.

    “All these facts especially the blackmail and intimidation by the EFCC made me come to the conclusion that I cannot get justice within this corrupt laden system as the EFCC was hell bent on extorting money from me for a crime I never committed as well as the Judge who was ready to send me back to prison custody without any evidence or basis.

    “More importantly, to show the EFCC is a charade, the so called Nappy I was alleged to have engaged in fraudulent activities with was never declared wanted, the EFCC extorted money, cars and landed properties from Nappy but rather declared me wanted to generate cheap publicity. I was never involved in any illegal activity or crime, I only paid money to Nappy in the normal course of my BDC business which I never knew whether he was involved in any form of illegal activities or not.

    “Finally it was obvious entering the plea bargain with the EFCC, which they wanted to force me into at all cost, means I would be convicted for a crime I did not commit and therefore become an ex convict and this is what EFCC set out to achieve with me to enable them generate more social media publicity hence the desperation in falsely declaring me wanted and misleading the public.

    “I want the general public to know I am not wanted by the EFCC but rather the court issued bench warrant for my production in court on the next court sitting, I didnt steal from anyone or involve in any money laundering still dont know why efcc are so jobless that they want to tarnish my image? last last na international court go settle this matter @officialefcc”.

  • JUST IN: EFCC declares social media celebrity, Mompha wanted

    JUST IN: EFCC declares social media celebrity, Mompha wanted

    The Economic and Financial Crimes Commission (EFCC) has declared Ismaila Mustapha, the social media celebrity better known as Mompha, a wanted person.

    TheNewsGuru.com (TNG) reports Mompha is facing trial for money laundering before an Ikeja Special Offences Court.

    The anti-graft agency charged Mustapha and his company, Ismalob Global Investment Ltd., on eight counts of N6 billion laundering.

    Justice Mojisola Dada had on June 22 issued a bench warrant for Mustapha’s arrest following his absence in court. On June 30, his absence in court stalled the money laundering trial and Justice Dada revoked his bail.

    The social media celebrity was equally absent in court on June 16.

    On June 10, EFCC accused Mompha of flouting the court’s order by travelling to Dubai with a new international passport.

    EFCC counsel, Mr Samuel Daji had told a sitting of the court that the commission was still in the process of re-arresting Mustapha.

    Dada adjourned the case until Sept. 21 for further report.

    The charges against Mustapha include conspiracy to launder money obtained through unlawful activities, and laundering of money obtained through unlawful activities.

    The other charges include retention of proceeds of criminal conduct, use of property derived from an unlawful act, possession of a document containing false pretences, and failure to disclose assets.

  • How EFCC secured 235 years imprisonment of Internet fraudster

    How EFCC secured 235 years imprisonment of Internet fraudster

    Justice Agatha Okeke of the Federal High Court, Uyo has convicted and sentenced a notorious international fraudster, Scales Olatunji, to 235 years imprisonment for internet fraud and money laundering.

    Olatunji was arraigned on July 2, 2019 on 45-count charges bordering on identity theft, money laundering and conspiracy.

    He pleaded “not guilty” to the charges, thus setting the stage for his trial.

    One of the counts reads: “That you, Scales Olatunji Ishola “M”, Meraiyebu Charles “M”(at large), Gabriel Adeyemi Olugbenga “M”(at large), Ojomo Oluwatobi Ayodele “M”(at large) and Adekola Oluwatoyin “M”(at large), between January 2017 to October 2018, in Nigeria, within the jurisdiction of this Honourable Court conspired amongst yourselves to convert the total sum of N525,172,580.00 (Five Hundred and Twenty Five Million, One Hundred and Seventy-two Thousand, Five Hundred and Eighty Naira) only, which sum you reasonably ought to have known forms part of proceeds of unlawful activities to wit: fraud (Business E-mail Compromise and Identity Theft), and thereby committed an offence contrary to Section 18 (a) of the Money Laundering (Prohibition) Act 2011 (as amended) and punishable under Section 15 (3) of the same Act”

    Another count reads: “That you, Scales Olatunji Ishola “M” on or about the 15th day of May 2018, in Nigeria, within the jurisdiction of this Honourable Court with intent to defraud did send electronic messages (email) using emailoffice01@aol.com to one Monica Goulmoen of the Charity Association for providing girls and boys in Kobane with a football pitch, while impersonating a certain Per Ravn Omdal, a former Norwegian Football Association President, demanding the sum of €64,000.00 (Sixty-Four Thousand Euros) to be transferred to you via IBAN GB74HBUK40062132722119 which was paid and you thereby committed an offence contrary to Section 22 (3)(b) of the Cybercrimes (Prohibition, Prevention, etc) Act 2015 and punishable under Section 22 (4) of the same Act”.

    EFCC‘s counsel, Nwandu Ukoha opened the case on November 7, 2019 and subsequently tendered thirty-five(35) exhibits through four prosecution witnesses, which were all admitted in evidence against the defendant. He closed the case on January 29, 2021 for the defence to open its defence.

    Both the prosecution and defence counsel adopted their written addresses in October 2021, before the court adjourned for judgment.

    Delivering judgment on Monday, June 27, 2022, Justice Okeke convicted Olatunji on all the 45- counts preferred against him by the EFCC. Justice Okeke said that, “the evidence of the prosecution witnesses are consistent and the prosecution established the guilt of the defendant in the case of money laundering as it relates to count one to five of the charges. The prosecution also established the guilt of the defendant in the offence of cybercrime as it relates to count six to forty five of the charges. The prosecution, on the totality of evidence before this court, proved the charges against the defendant.”

    The judge sentenced Olatunji to seven (7) years imprisonment on counts one to five, and five (5) years imprisonment on counts six to forty-five. The sentence, shall, however, run concurrently with effect from the date of arrest.

    The court also ordered that the money in the convict’s account be forfeited to Norwegian citizens through the EFCC. Also, his properties: House No. 6, located on Road 2 West-end Estate, Ikota, Lekki, Lagos State and House No. 10, Donatus Odum Street, Ikate, Lagos State are to be sold by the EFCC and the proceeds restituted to the Norwegian victims.

    The convict’s journey to the Correctional Centre started when operatives of the EFCC arrested him on March 20, 2019 at his Ikota , Lekki’s residence based on a petition from the Oslo Police District in Norway, requesting the assistance of the EFCC in investigating a network of Nigerians that had defrauded Norwegian citizens for years.

    Investigations revealed that the convict belonged to a syndicate of internet fraudsters who specialized in Business Email Compromise-BEC.

  • Internet fraudster bags 235 years imprisonment, another loses N13m car to FG

    The Federal High Court, Uyo, Akwa Ibom State has sentenced international fraudster, Scales Olatunji to 235 years imprisonment for internet fraud and money laundering.

    TheNewsGuru.com (TNG) reports Justice Agatha Okeke of the Federal High Court sentenced Olatunji convicting the notorious international fraudster for internet fraud and money laundering.

    Olatunji was first arraigned on July 2, 2019 on 45-count charges bordering on identity theft, money laundering and conspiracy.

    According to the Economic and Financial Crimes Commission (EFCC), he pleaded “not guilty” to the charges, thus setting the stage for his trial.

    However, following Olatunji’s trial, he was found guilty of the charges and was sentenced to 235 years imprisonment.

    Meanwhile, in a related development, the Ilorin Zonal Command of the EFCC has secured the conviction of one Olukayode Emmanuel Olamilekan from Akure, Ondo State for offences bordering on cybercrime.

    ALSO READ || How EFCC secured 235 years imprisonment of Internet fraudster

    Olukayode, 26, was convicted and sentenced to two years imprisonment by Justice Muhammed Sani of the Federal High Court, Ilorin after he was found guilty of the two-count charges levelled against him by the EFCC.

    The convict was among the thirty suspected internet fraudsters arrested in Ado-Ekiti on April 26, 2022 during a sting operation.

    Investigation into the matter revealed that Olukayode, who is currently jobless is into internet fraud and had benefited several millions of naira from his fraudulent activities, part of which he used to purchase a Mercedes Benz ML 350 for N13 million.

    The defendant pleaded guilty to the charge.

    Following his guilty plea, counsel to the EFCC, Sesan Ola, reviewed the facts of the case.

    He tendered the extra-judicial statements of the defendant, phones, HP laptop and the car recovered from him at the point of arrest as well as fraudulent messages printed from his devices, which were admitted in evidence.

    Ola urged the court to convict the defendant in line with his plea and the exhibits tendered before it.

    Justice Sani in his judgement said he found merit in the case of the prosecution and consequently convicted the defendant.

    The judge sentenced Olukayode to one-year imprisonment on counts one and two with option of N300,000 (Three Hundred Thousand Naira Only) fine on each count.

    The court also ordered the forfeiture of one iPhone 12, infinix X 65, HP laptop and Mercedes Benz ML 350 recovered from the convict to the Federal Government.