Mompha's N6bn Money Laundering Trial Adjourned to 2026

The trial of Ismaila Mustapha, popularly known as Mompha, for alleged money laundering involving N6 billion has been adjourned to October 15, 2026, by the Lagos State Special Offences Court in Ikeja. Justice Mojisola Dada presided over the case, which includes eight counts of conspiracy and money laundering related to funds allegedly obtained through unlawful activities.

The Economic and Financial Crimes Commission (EFCC) arraigned Mustapha and his company, Ismalob Global Investment Limited, on January 12, 2022. During the trial, lead EFCC prosecutor S.

Suleiman called six witnesses and presented several documentary exhibits. The defense counsel, Kolawole Salami, adopted the defendant's final written address, arguing that the prosecution failed to establish a prima facie case against the defendant.

The defense maintained that the prosecution did not prove the charges beyond a reasonable doubt, while the prosecution urged the court to dismiss the defense's arguments and convict the defendant to deter similar offenses.