The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of Ismaila Mustapha, an Instagram celebrity better known as Mompha.
EFCC spokesman, Wilson Uwujaren confirmed to his arrested on Tuesday afternoon.
Mompha was apprehended by the anti-graft agency in the federal captial territory (FCT).
“Yes, he has been arrested,” said Uwujaren.
“He was arrested for alleged internet fraud and money laundering on October 18 at the Abuja airport while on his way to Dubai.
“He perpetrated the alleged criminal activities under the cover of being a Bureau De Change operator. Five wristwatches worth N20 million were recovered from him at the point of arrest.”
Mompha, who is fondly referred to as the ‘king’ of Nigerian Bureau De Change, 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.
As of the time this report was filed, the controversial personality’s arrest was top on Twitter trend, with Nigerians taking to the microblogging platform to register their various opinions on the development.
“Even if you do Blood money, Ifa can’t afford the kind of money that Mompha has. It’s almost impossible to tell me there isn’t illegal shit involved. Probably laundering. All he had to do was stay lowkey but no,” a Twitter user wrote.
“I’ve always said that there’s no way Mompha’s money isn’t dirty. Person wey dey flex on Hushpuppi. Change cars like cloth. Always flaunting millions in cash. People wey dey use their mama do ritual sef no do reach like this,” another verified twitter user.
Below is the reaction of some Nigerians