Mr Ibrahim Magu, who is the current acting Chairman of the Economic and Financial Crimes Commission (EFCC), stated that the alleged cybercrime fraudster and social media celebrity, Ismaila Mustapha who is known as Mompha; and his Lebanese friend/accomplice, Hamza Koudeih, laundered a combined N33bn.
The EFCC chairman further stated that the two belonged to an international crime syndicate that did money laundering in some parts of the continents, especially in Dubai.
He said:“The recent arrest that was achieved by the EFCC in apprehending a social media celebrity, Ismaila Mustapha, popularly known as Mompha and also his Lebanese accomplice, Hamza Koudeih, for their involvement in internet fraud and high profile money laundering, remains a landmark achievement of the EFCC”.
“It is with great pleasure and boldness to tell you all that these arrests have further confirmed our commitment to the anti-graft war, while also sending a red alert to potential internet fraudsters. I am very sure you all will be greatly shocked to know that the five wristwatches are valued at over N60m were recovered from the suspect, Mompha, with over 51 bank accounts”.
Magu explained that Hamza Koudeih lived in a $5m per annum suite at the Eko Atlantic Pearl Tower, Victoria Island, Lagos. Magu revealed that the actionable intelligence received from local and international law enforcement agencies had discovered that the two suspects, alongside their other accomplices, were high-value targets in Organised Cyber Syndicate Network.
“They will be charged to court to face trial as soon as investigation is concluded,” he added. The EFCC boss also made it known that the fact prior to the arrests of both Mompha and Koudeih, the Commission had launched intensive investigative actions against the Internet fraudsters, popularly known as Yahoo Yahoo Boys, in various strategic raids on their hideouts.
The acting EFCC boss, however, urged and pleaded with the media to collaborate with the Commission in sensitising members of the public about the evil of internet frauds as well as economic and financial crimes.