{"id":27564,"date":"2022-06-02T12:41:49","date_gmt":"2022-06-02T12:41:49","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=27564"},"modified":"2022-06-02T12:41:49","modified_gmt":"2022-06-02T12:41:49","slug":"alleged-n6bn-money-laundering-mompha-gets-time-extension-for-plea-bargain","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/02\/alleged-n6bn-money-laundering-mompha-gets-time-extension-for-plea-bargain\/","title":{"rendered":"Alleged N6bn money laundering: Mompha gets time extension for plea bargain"},"content":{"rendered":"
\n

An Ikeja Special Offences Court will, on June 10, take final report on plea bargain in the \u00a0case of six billion Naira money laundering\u00a0 against social media celebrity, Ismaila Mustapha.<\/span><\/h1>\n<\/header>\n
\n

\u00a0Reports have it\u00a0 that \u00a0Justice Mojisola Dada gave the date after defence and prosecution<\/a> counsel\u00a0 prayed for extension of time.<\/p>\n

The Economic and Financial Crimes Commission (EFCC) had, on Jan. 12, arraigned Mustapha (alias Mompha) and his company, Ismalob Global Investment Ltd. on an eight-count charge.<\/p>\n

The counts include conspiracy to launder money obtained through unlawful activities, and laundering of money obtained through unlawful activities.<\/p>\n

The other charges include retention of proceeds of criminal conduct, use of property derived from unlawful act, possession of document containing false pretences and failure to disclose assets.<\/p>\n

On Thursday, defence counsel, Mr Kolawole Salami, who held brief for Mr Gboyega Oyewole (SAN),
\ninformed the court that discussions were ongoing on plea bargain with EFCC<\/a>.<\/p>\n

He prayed the court for extension of time for both parties to reach a conclusion.<\/p>\n

\u201cMy lord, the matter was adjourned until today for report.<\/p>\n

\u201cWe, on our part, have submitted a proposal to EFCC but we received its own proposal just
\nyesterday.<\/p>\n

\u201cIn furtherance of that, a meeting was held at\u00a0 prosecution\u2019s office at 4.00 p.m. to discuss the
\nterms of the proposal.<\/p>\n

\u201cWe made a considerable progress at the meeting yesterday. We both agreed on one or two areas.<\/p>\n

\u201cWe shall be praying for a short date to report, but if we are not able to reach a conclusion, we shall proceed to trial, my lord,\u201d \u00a0Salami said.<\/p>\n

EFCC counsel, Mr S.I. Suleiman confirmed the position of defence, and also prayed for an adjournment.<\/p>\n

\u201cWe confirm the position of defence, my lord.<\/p>\n

\u201cWe reached out to defence team and the parties met at the prosecution\u2019s office yesterday.<\/p>\n

\u201cWe need a little fine-tuning,\u00a0 my lord, as we humbly ask \u00a0for your indulgence to extend the date for the report,\u201d Suleiman said.<\/p>\n

NAN reports that prosecution had informed the court on April 6 that both parties were in the process of plea bargain, and prayed the court for adequate time.<\/p>\n

The court had, on March 28, reduced the bail sum for the defendant,\u00a0 from N200 million to N25 million.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

An Ikeja Special Offences Court will, on June 10, take final report on plea bargain in the \u00a0case of six billion Naira money laundering\u00a0 against social media celebrity, Ismaila Mustapha. \u00a0Reports have it\u00a0 that \u00a0Justice Mojisola Dada gave the date after defence and prosecution counsel\u00a0 prayed for extension of time. The Economic and Financial Crimes […]<\/p>\n","protected":false},"author":4,"featured_media":27577,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[11],"tags":[5178,206,2259],"class_list":["post-27564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro","tag-defendants","tag-efcc","tag-fraud"],"yoast_head":"\nAlleged N6bn money laundering: Mompha gets time extension for plea bargain » BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/02\/alleged-n6bn-money-laundering-mompha-gets-time-extension-for-plea-bargain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alleged N6bn money laundering: Mompha gets time extension for plea bargain\" \/>\n<meta property=\"og:description\" content=\"An Ikeja Special Offences Court will, on June 10, take final report on plea bargain in the \u00a0case of six billion Naira money laundering\u00a0 against social media celebrity, Ismaila Mustapha. \u00a0Reports have it\u00a0 that \u00a0Justice Mojisola Dada gave the date after defence and prosecution counsel\u00a0 prayed for extension of time. 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