Suspected internet fraudster Mompha granted N100m bail

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Mompha is said to be the first African to buy the $450,000 Rolls Royce Wraith Eagle VIII
Mompha poses with one of his exotic cars

Suspected internet fraudster, Ismaila Mustapha, alias Mompha has been granted a bail of N100 million by a Federal High Court in Lagos, Southwest Nigeria.

He was granted bail on Friday after he was arraigned for alleged N33 billion fraud.

The Economic and Financial Crimes Commission, EFCC had arrested Mompha on 19 October at the Nnamdi Azikiwe International Airport, Abuja for alleged fraud.

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He was arraigned by the EFCC on Monday on 14-count charge at the Federal High Court in Ikoyi, Lagos, Southwest Nigeria.

But, Mustapha pleaded not guilty to a 14-count charge bordering on the offences.

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