Mompha’s bail conditions reduced from N200m to N25m

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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).

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He was charged with conspiracy and money laundering to the tune of over N6billion, along with his company, Ismalob Global Investment Limited.

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