By June 10, 2022, it is expected that both the Economic and Financial Crimes Commission, EFCC, and suspected internet fraudster, Ismaila Mustapha also known as Mompha would have reached a final agreement in the proposed plea bargain.
It is in the case of alleged N6billion money laundering charge against Mompha.
An Ikeja Special Offences Court has fixed hearing after the proceedings on Thursday.
Justice Mojisola Dada of the Special Offences Court fixed in anticipation of the final agreement between the prosecution and the defence team.
At the proceeding on Thursday, Mr Kolawole Salami who held brief for Mr Gboyega Oyewole, SAN informed the court that discussions were ongoing on plea bargain with EFCC.
The Counsel prayed the court for extension of time for both parties to reach a conclusion.
He added that a meeting was held at prosecution’s office at 4:00 p.m. to discuss the terms of the proposal.
This position was confirmed by the EFCC counsel, Mr S.I. Suleiman on the position of defence, and also prayed for an adjournment.
Justice Dada gave the date after defence and prosecution counsel prayed for extension of time.
It will be recalled that Mompha and his company Ismalob Global Investment Limited was arrested on January 10, 2022 by EFCC, and arraigned him on a 8-count charge bordering on the offences of conspiracy and money laundering to the tune of over N6billion, along with his company, Ismalob Global Investment Limited.
The counts include conspiracy to launder money obtained through unlawful activities, and laundering of money obtained through unlawful activities.
He was also charged for retention of proceeds of criminal conduct, use of property derived from unlawful act, possession of document containing false pretences and failure to disclose assets.
