Internet celebrity, Ismaila Mustapha, alias Mompha, was on Wednesday released by the Economic and Financial Crimes Commission (EFCC).
He was released on bail about two weeks after he was re-arrested by the anti-graft agency in Lagos.
Mompha is standing trial before a federal high court in Lagos alongside his company, Ismalob Global Investment Ltd, on an amended 22-count charge bordering on cyber fraud and money laundering to the tune of N33 billion.
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He was re-arrested on August 14 when he went to the EFCC office in Ikoyi, Lagos to reclaim his belongings that were seized from him by the anti-graft agency since last year.
His visit to the EFCC office followed a July 24 ruling by Justice Mohammed Liman ordering the release of the items to him.
The items include five luxury wristwatches, an Apple iPod, an iPhone 8 device, and a pair of sunglasses, which were among other items found on him when he was arrested on October 19, 2019, in Abuja.
EFCC, however, stated that Mompha’s re-arrest was justified as it was connected to a fresh set of cyber fraud, which had nothing to do with the earlier money laundering charges over which he had been arraigned.
Mompha, through his lawyer Mr. Gbenga Oyewole insisted that his re-arrest was unlawful and slammed a N5 million suit against the EFCC.
Oyewole, said Mompha had withdrawn the N5 million fundamental rights suit he filed against the EFCC to challenge his re-arrest.
