An Ikeja Special Offences Court has cut the bail conditions of internet fraud suspect Ismaila Mustapha from N200 million to N25 million.
Justice Mojisola Dada made the downward review at resumed proceedings yesterday.
Mustapha was arrested on January 10, 2022 by the Economic and Financial Crimes Commission (EFCC).
He was charged with conspiracy and money laundering to the tune of over N6billion, along with his company, Ismalob Global Investment Limited.
Watch Leakblast TV channel from around the world
SUPPORT LEAKBLAST JOURNALISM OF INTEGRITY AND CREDIBILITY
Good journalism costs a lot of money.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble Endeavor.
By contributing to LeakBlast, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.