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Just In: EFCC re-arrests Mompha for ‘money laundering’

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The Economic and Financial Crimes Commission (EFCC) has re-arrested a suspected internet fraudster, Ismailia Mustapha, popularly known as Mompha, for laundering funds obtained through unlawful activities and retention of alleged proceeds of crime.

Mompha, who was arrested on Monday, is currently standing trial alongside his company, Ismalob Global Investment Limited, on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N32.9 billion brought against him by the EFCC.

The EFCC spokesman, Wilson Uwujaren, confirmed this in a statement, titled, ‘EFCC re-arrests Mompha for alleged money laundering.’

Mompha had earlier been arrested by the Nigeria Immigration Service at the Nnamdi Azikiwe International Airport on October 18, 2019, while boarding an Emirates Airline flight to Dubai, following a watchlist by the EFCC.

Mompha is alleged to have used his registered companies to receive illicit funds on behalf of cyber fraudsters from across the world in return for commissions.

The statement said, “The account of one of his companies, Ismalob Global Investment Limited Bank, a Bureau de Change company, domiciled in a new generation bank, was allegedly used to launder funds derived from unlawful activities.

“Investigation has revealed a fraudulent transfer slip of $92, 412, 75 found in the suspect’s iPhone 8 device. He will soon be charged to court.”

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Concerns raised over whereabouts of security expert, Otunba Adejare Adegbenro

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Concerns have arisen regarding the whereabouts of Amb. Dr. Otunba Adejare Adegbenro, a prominent Nigerian diplomat and security expert.

 

Amb. Adegbenro, known for his contributions to national security and international diplomacy, has reportedly gone missing after honoring a police invitation on April 26, 2024.

 

The Coalition of Civil Society Networks (CCSN), in collaboration with the International Human Rights Commission (IHRC), has raised alarm over his sudden disappearance.

 

According to information gathered from the management of NATCOM, Amb. Adegbenro was called by the Special Weapon and Tactics Team (SWAT) of the Nigeria Police Force to respond to a petition.

 

However, since his appearance, there has been no communication from him, and his family and associates have been unable to locate him.

 

Despite rumours of his release on April 29, 2024, his whereabouts remain unknown, with his phone unreachable.

 

Expressing concern over the situation, it is highlighted that Amb. Adegbenro holds a significant role as a Special Emissary of the International Society of Diplomats (ISD) and has been instrumental in fostering collaborations between Nigerian security agencies and international organizations like the EuroPolice Federation.

 

Citing the Vienna Convention on Diplomatic Relations (1961), a signatory to by Nigeria, calls have been made to President Bola Ahmed Tinubu and Inspector General of Police Kayode Egbetokun for transparency and adherence to due process in Amb. Adegbenro’s case.

 

The CCSN/OHC-IHRC NG emphasizes the importance of upholding human rights and the rule of law, urging authorities to provide clarity on his situation.

 

The statement further appeals to Nigerian authorities for intervention, stressing the necessity of a thorough investigation into the allegations against Amb. Adegbenro.

 

Justice and accountability are deemed essential in addressing the situation effectively.

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Costal highway: Landmark Beach refunds customers after demolition

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The management of Landmark Resort Beach says it has initiated the refund process for customers impacted by the recent demolition of portions of its properties by the Federal Government.

According to a statement posted on its X account on Friday by Landmark Africa, the parent company of Landmark Resort Beach, refunds are being facilitated through the Landmark Citizen App.

While acknowledging the patience of their customers, the management advised that completion of the refund process may be delayed due to the high number of requests.

“Dear Landmark Citizens, we would like to assure you all that we have started issuing refunds to those who requested a refund of their money on the Landmark Citizen App.

“Please be patient with us, due to the volume of requests, this process will take some time. Be rest assured that all refund requests will be processed,” the statement read.

A portion of Landmark Beach on Victoria Island, Lagos, was demolished on Monday to accommodate the Lagos-Calabar coastal highway.

Minister of Works, David Umahi has defended the demolition, citing that the Landmark centre encroached upon the Federal Government’s right-of-way.

The Breeze Beach Club, Mami Chula and other beach businesses were also demolished in the process.

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Auwalu Abdullahi Rano: Ice block seller who became billionaire, owns 120 filling stations, 600 trucks, 60m litre tank farm

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Alhaji Auwalu Abdullahi Rano, popularly known as A.A Rano, transformed from a humble boy from Kano Village into a billionaire magnate, overseeing a conglomerate that includes 120 filling stations across Nigeria.

Born into an average family in Lausu, Kano State, Rano started small, with an ice block and groundnut oil business, including other local items.

Rano has gone into building a multi-billion naira enterprise spanning various sectors of Nigeria’s economy.

Today, Rano owns AA Rano oil & Gas industry in Nigeria with 56 ML Tank farm in Lagos, with 120 retail outlet/ fillng stations across Nigeria and over 600 trucks & LPG terminals as well as acquired vessel (M.T LAUSAU).

His ventures include RanoGaz, a state-of-the-art Liquified Petroleum Gas (LPG) terminal, a rice milling company, Rano Lubricant, Rano Air, Lausu Marine and Logistics, AA Rano Terminal, and AA Rano Road Haulage.

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