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Mompha released, withdraws N5m suit against EFCC

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Mompha is said to be the first African to buy the $450,000 Rolls Royce Wraith Eagle VIII

The Economic and Financial Crimes Commission (EFCC) has released suspected cyber fraudster, Ismaila Mustapha, alias Mompha, about two weeks after he was re-arrested by the anti-graft agency in Lagos.

Mompha subsequently directed his lawyer, Mr Gboyega Oyewole (SAN), to withdraw the N5m fundamental rights suit he filed against the EFCC to challenge his re-arrest.

Mompha is standing trial at the Federal High Court in Lagos for allegedly laundering N32 billion.

He pleaded not guilty and was granted bail.

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But the social media celebrity was re-arrested on August 14 when he went to the EFCC office in Ikoyi, Lagos to reclaim his five wristwatches, one Apple Air pod, one iPhone 8 mobile phone and one pair of sunglasses, seized from him by the anti-graft agency since last year.

Mompha then sued the anti-graft agency for N5m, claiming that his re-arrest was unjustifiable and unlawful

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