EFCC arrests 'King' of Bureau De Change, Mompha (photos)

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The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of a popular Instagram celebrity, Ismaila Mustapha popularly...

The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of a popular Instagram celebrity, Ismaila Mustapha popularly known as ‘Mompha.’ 

EFCC’s spokesman, Wilson Uwujaren, confirmed on Tuesday afternoon that Mustapha was arrested by the anti-graft agency in the Federal Captial Territory (FCT), but didn’t give further details. 

Uwujaren said: “Yes, he has been arrested.” 

Mouthpiece NG gathered that the suspect was arrested on Friday 18, October 2019 at the Nnamdi Azikiwe International Airport, Abuja on his way to Dubai Emirate following series of intelligence reports received by the Commission.

Mompha is known for advertising his expensive lifestyle on Instagram with many state of the art cars worth over $1.76 million (N634,000,000).

He allegedly perpetrates his fraudulent activities under the guise of being a Bureau de Change operator.

Investigations also revealed that Ismaila is only using the BDC business, he jointly owned with his siblings, as a decoy to launder his proceeds of crime.

Mompha is renowned for his luxurious lifestyle which is well portrayed in his flagrant display of expensive cars, wristwatches, and bewildering landscapes and properties on Instagram.

Although there are claims that he fled his base in Dubai to evade arrest from the International Criminal Police Organization (INTERPOL), many Nigerians are convinced that the source of the Instagram celebrity’s wealth is questionable.

According to celebrity fact zone, Mompha is the first African to buy the $450,000 Rolls Royce Wraight Eagle Viii.

“He owns a $330,000 2018 Rolls Royce Wraith, a $300,000 Ferrari 488 Spider, a $417,826 2019 Lamborghini Aventador, $265,500 Mclaren 650s and more. 

At the point of arrest, five wristwatches with a total worth of over 20,000000 was recovered from him. The suspect will soon be charged to court as soon as investigation is concluded.

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Mouthpiece NGR: EFCC arrests 'King' of Bureau De Change, Mompha (photos)
EFCC arrests 'King' of Bureau De Change, Mompha (photos)
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