A Lagos State Special Offences Court sitting in Ikeja has scheduled October 15, 2026, to deliver judgment in the alleged N6 billion money laundering case involving social media personality and businessman, Ismaila Mustapha, popularly known as Mompha.
Gatekeepers News reports that Justice Mojisola Dada fixed the date after both the defence and the prosecution, represented by the Economic and Financial Crimes Commission (EFCC), adopted their final written addresses before the court.
Mompha and his company, Ismalob Global Investment Limited, are facing an eight-count charge bordering on conspiracy, money laundering, retention of proceeds of unlawful activities, failure to disclose assets and possession of documents containing false pretences.
During the proceedings, defence counsel Kolawole Salami argued that the prosecution failed to prove the allegations beyond reasonable doubt, insisting that the evidence presented did not establish the offences charged. He urged the court to discharge and acquit his client.
However, prosecuting counsel S. I. Suleiman maintained that the EFCC presented six witnesses and sufficient documentary evidence linking the defendants to the alleged offences. He urged the court to convict the accused persons as charged.
