The Economic and Financials Crimes Commission,EFCC this morning,January 12 arraigned Nigerian businessman, Ismaila Mustapha aka Momph before Justice Mojisola Dada of the Special Offences Court, sitting in Ikeja, Lagos. 

According to the EFCC, Mompha was arraigned for offenses bothering on Money Laundering and the use of property derived from an unlawful act.

Mompha was arrested on Monday, January 10.

He is currently standing trial alongside his company, Ismalob Global Investment Limited, on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N32.9 billion brought against him by the EFCC.