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Alleged N33bn Fraud: EFCC Makes Shocking Revelations About Mompha 

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The EFCC has made startling revelations about the ongoing trial of alleged Fraudster, Mompha.
mompha
Mompha
The trial of Ismaila Mustapha aka Mompha, continued on Wednesday.

Justice A. Mohammed Liman sat over proceeding at a Federal High Court sitting in Ikoyi, Lagos State.

Prosecution witness told the court that Mompha did not remit tax to the Federal Government for a period of seven months while his company was already in existence.

Mompha is standing trial alongside his company, Ismalob Global Investments Limited on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N33 billion brought against him by the EFCC.

The defendant has been fingered as a major figure in an organised transnational cyber fraud network.

He allegedly used his company, Ismalob Investment Limited to launder the funds, part of which he used in acquiring properties in Dubai.

The prosecution called four witnesses, three of which are Bureau De Change Operators, BDC and an investigator with the EFCC.

Led in evidence by Rotimi Oyedepo, prosecution counsel, Kaina Garba, an investigator with the EFCC narrated to the court how Mompha ran an unlicensed BDC, and lied about the date operations commenced in his company leading to his evasion of tax for a period of seven months.

Kaina narrated to the court that sometime in 2019, the EFCC received intelligence on Mompha’s activities, alleged to be a member of an organised cyber crime syndicate. The intelligence was analysed and found to be credible.

“Investigation commenced and the defendant was arrested at the Nnamdi Azikiwe International Airport, Abuja on his way from Dubai, where he stays.

“A bank verification was ran on his Fidelity Bank account and it was revealed that he is associated with some accounts one of which is Ismalob Global Ventures Limited.

“Letter of enquiry was sent to the Corporate Affairs Commission, CAC and it revealed that he is a Director at the company and the sole signatory to the account.

“Letter of enquiry was sent to the Special Control Unit against Money Laundering, SCUML, and the Central Bank of Nigeria, CBN, to ascertain if the company was registered and licensed to carry out BDC activities and the responses showed that Ismalob was not a licensed BDC neither was it registered with SCUML”, he said.

Kaina also revealed to the court that a letter was written to the Federal Inland Revenue Service, FIRS, and the response showed that there was a suppression of seven months on the date when transactions commenced at Ismalob and for those months, there were no payment of taxes by the company.

He further said that the analysis of the Statement of Account on the Fidelity Bank account of Ismalob, revealed a total turnover of over N8billion between December 2015 and September 2019.

Other witnesses, Ojei Osemeke, Onwuzulike Ikechukwu Kingsley and Ogbu Chibueze Bernard, all BDC operators, narrated to the court how the Mompha, through one of his directors, Ahmadu Mohammed would pay monies into their accounts at different times totalling over N3bn and send representatives to receive the Euros equivalent in cash.

Justice Liman adjourned hearing to Thursday March 19, 2020.

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Mr Eazi proposes to Temi Otedola!

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For what seemed like a long while, celebrity power couple—Mr Eazi and Temi Otedola—are finally engaged as Oluwatosin Ajibade better known as Mr Eazi pops the heartwarming “Will you be my wife?” question to his girlfriend of 2 years Temiloluwa Otedola and she responded favourably in the affirmative “Yes” tone.

Fashion mogul and Icon Temi Otedola began dating artiste and music label CEO Mr Eazi in the year 2020 and have been living together ever since in their London apartment, sharing intimate moments, even meeting respective family members. This they’ve both shared in detail on their How Far? With Mr Eazi And Temi Otedola podcast.

Temi announced her engagement by posting the sea-side proposal of Mr Eazi on one knee asking the important question. The video goes by the simple caption of the infinity logo connoting they’re both locked in for life.

Congratulations to Temi Otedola and Mr Eazi!

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Nicki Minaj agrees “Essence” should be song of the year at the Grammys

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American superstar rapper, Nicki Minaj, shares the same sentiments as myriads of Wizkid fans and well-wishers worldwide, in that she concurs to the argument the trendsetting crossover record-breaking single from Wizkid’s 2020 released “Made In Lagos” album, Essence should be in the conversation for the coveted “Record of the Year” plaque at this year’s Grammy Awards.

Although “Essence” did not receive the much desired nomination in the category for “Record of the Year” at the 2022 Grammy Awards, it did get a nod for Best Global Music Performance, the first of its kind.

Irrespective of the snub, Nicki whilie on Joe Budden TV (YouTube) as a guest on the special episode tagged A Conversation With Nicki Minaj & Joe Budden agreed with the host (Joe Budden) when he said “We need people on the Grammy board that know that “Essence” was song of the year” with an exclamatory “Right! Right!” response. She even proffered, “We should have our own Grammy Board“, in support of many and the popular believe that Black Americans or black artistes in general are always stereotyped to a particular category at the award show, if indeed they made it to the top categories, they barely win; Nicki Minaj does not have a Grammy Award herself and that is still a shock to many, especially when considering her refined catalogue of music.

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Pheelz & Buju (BNXN) live the carefree lifestyle on “Finesse”

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After much teasing, the anticipated Finesse by Pheelz and Buju (now BNXN) hit DSPs across the globe and just like the teaser gave off, Finesse is a banger! It is produced by young producer under Pheelz’s wing known as Miichkel.

On Finesse, Pheelz and Buju live their life to the fullest, the carefree lifestyle is what they desire and they are determined to stay on that track for the time being. “I’ve been living the fast life but I see it in slow mo / And you see my lifestyle, I got Gs in the turbo / . . . / Bad girl sey she want Netflix & Chill / So I ja ticket give her warning / If you fall in love, girls it’s certain / You go chop breakfast, I’m not capping“, Pheelz explains on the first verse, even saying love and relationship cannot stop him from living the ‘ballers’ lifestyle; “I’d be dammed if there’s anybody that could be like me / I be like Mo’ Salah, coming up the right wing / I cut through your defender, you no need to tell me / I must finesse / And you know sey me I must net“, Buju braggingly adds on the second verse, saying he can score any chick that catches his eye and dish her the next minute.

listen to the popular joyous chorus “Ah finesse / If I broke na my business / Ama shana e go bright o / Folake for the nighr ohere or on Apple Music.:

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