Mompha Regains Freedom after Court Grants his Bail Application

Internet sensation and celebrity, Ismaila Mustapha known popularly as Mompha, has regained his freedom.

This comes two months after he was re-arrested for laundering funds obtained through unlawful activities and retention of alleged proceeds of crime.

According to several Reports, the millionaire was freed shortly after the court, which was presided over by Justice Mojisola Dada upheld the variation of his bail application to N25million.

Mompha is also to provide two sureties to consolidate the N200million bail bond earlier granted by the same court when he was arraigned in January.

On Monday, March 28, his counsel, Gboyega Oyewole, SAN, applied for a variation of his bail conditions and informed the court that the defendant has submitted his international passport to the court registrar.

Mompha’s lawyer premised his request on the fact that Mompha is also standing trial at the Federal High Court and “he never missed court for one day”.

Justice Dada approved Mompha’s application and granted bail to Mompha in the sum of N25 million with two sureties in like sum, one of whom must own a property worth N50 million within the jurisdiction of the Court.