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Allow My Name To Rest In Peace – Mompha Blows Hot As EFCC Arraigns Associate Over Alleged ₦206m Fraud

Social media influencer Ismail Mustapha, popularly known as Mompha, has criticised the Economic and Financial Crimes Commission (EFCC) over the mention of his name in the arraignment of his associate.

The EFCC Lagos Zonal Directorate 1, on Tuesday, January 20, 2026, arraigned one Sarumi Samusudeen Babafemi for an alleged ₦206,000,000 (Two Hundred and Six Million Naira) fraud before Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos.

Babafemi alongside his companies, 606 Autos Limited, 606 Music Limited, and Splash Off Entertainment Limited, were arraigned on a five-count charge bordering on conspiracy, concealment, and transfer of proceeds of crime to the tune of ₦206,000,000 (Two Hundred and Six Million Naira), contrary to Section 332(1) of the Criminal Law of Lagos State, 2011, and punishable under Section 332(3) of the same law.

According to the EFCC, Babafemi is an associate of Ismaila Mustapha, a.k.a Mompha, a Nigerian social media celebrity known for flaunting luxury lifestyles and currently embroiled in a high-profile money laundering trial with the EFCC.

Reacting to the development, Mompha, in a post via Instagram, described EFCC as the most useless and corrupt Nigerian government agency.

Mompha questioned why his name was involved in the case, adding that the EFCC had attempted to extradite him from Dubai, but they failed.

He said, “The most useless and corrupt Nigeria Government Agency award goes to @officialefcc. Must you put my name in Every useless Case.

“Allow my name to Rest in peace. You already try to extradite me from dubai and you failed. leave me alone.”

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Alleged $4.5bn Fraud: EFCC Pressured My Client To Implicate Emefiele – Lawyer Alleges

Mr. Nnamdi Offial, counsel to the second defendant, Henry Omoile, in the ongoing trial of former Central Bank of Nigeria Governor Godwin Emefiele, on Thursday accused the Economic and Financial Crimes Commission (EFCC) of pressuring his client to implicate the former apex bank chief.

Offial made the claim while testifying in a trial-within-trial, which Justice Rahman Oshodi of the Lagos State High Court ordered to determine whether Omoile’s statement to the EFCC was made voluntarily.

He alleged that EFCC investigators offered multiple promises to Omoile, including bail and the possibility of avoiding charges, if he cooperated by providing incriminating information against Emefiele.

Emefiele and Omoile are facing charges of accepting gratification, receiving gifts through agents, corruption, and fraudulent receipt of property.

The EFCC also accused them of conferring corrupt advantage on associates, contrary to the Corrupt Practices Act, 2000. Both defendants have pleaded not guilty.

 

At the resumed hearing, Offial told the court that Omoile informed him that the head of the EFCC interrogation team assured him of leniency if he implicated the first defendant.

 

He added that the interrogation was conducted in a question-and-answer format, where his client had to respond “satisfactorily” before being allowed to write down his answers.

“On several occasions, questions were put to the second defendant and he answered, but he was not allowed to write them down because the answers did not conform to what the interrogators wanted him to say. I objected to this many times,”
 Offial said.

He further recounted that the session on February 26, 2024, ended with investigators informing him that Omoile would be detained because they were not finished with him.

Offial also described an incident on February 27, 2024, when he questioned why his client was being interrogated in his absence.

This, he claimed, led to a confrontation with one of the officers, identified as Davide, who allegedly ordered him out of the premises.

“I reported the incident to the head of the team, who advised me not to worry and to sit in the waiting area. I was not allowed to render services to my client until about 8pm, when he was taken back to the detention centre,”
 he said.

He later learned that Omoile was being detained for refusing to cooperate, which prompted him to apply for bail from the EFCC zonal head.

Offial said his client spent 21 days in detention before filing a fundamental rights enforcement suit at the Federal High Court, Lagos, where Justice Muslim Hassan granted bail but ordered that Omoile be remanded at the Ikoyi Correctional Centre until bail conditions were perfected.

Under cross-examination by the prosecution counsel, Mr. Rotimi Oyedepo, SAN, Offial admitted that Omoile had been cautioned in his presence and that he signed the caution.

He also acknowledged that he participated in the statement-taking process and was aware that whatever his client wrote could be used against him in court.

The defence witness further admitted that he did not file any petition against the EFCC over the investigators’ alleged conduct, and that the Federal High Court did not find the commission guilty of any misconduct in the fundamental rights suit.

He also conceded that his client was not harassed in his presence during interrogation.

Justice Oshodi adjourned the matter to January 16 for the continuation of the trial-within-trial.

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Malami And Son To Remain In Kuje Prison Till January 7

Former Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, along with his son, Abubakar Abdulaziz Malami, will remain in Kuje Prison until January 7, when their bail applications are set to be decided.

Justice Emeka Nwite issued the order on Friday after taking arguments for and against the bail applications filed by Malami and his son, who are on trial over a N9 billion money laundering charge brought against them by the Federal Government.

Malami, his son and one Hajia Bashir Asabe, a staff of Ramadiya Property Limited, are to stay in the prison till January 7 when ruling in the bail applications would be delivered by the judge

Justice Emeka Nwite announced that he had several other matters to rule upon as a vacation judge, hence, will not be able to deliver the ruling until the date.

Joseph Daudu, SAN, argued the bail applications for the three defendants while Emmanuel Ekele Iheanacho, SAN, opposed the motion on behalf of the Economic and Financial Crimes Commission, EFCC.

Malami and his co-defendants had pleaded not guilty to all the charges preferred against them by the Economic and Financial Crimes Commission, EFCC, on behalf of the Federal Government.

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Ex-AGF, Abubakar Malami, Two Others Begin Bail Battle On N9bn Corruption Charges

Former Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, and his son, Abubakar Abdulaziz Malami, will on Monday, December 2, begin a bail battle over the N9 billion corruption charges filed against them by the federal government.

Malami, his son and one Hajia Bashir Asabe, a staff of Ramadiya Property Limited currently in Kuje prison on remand, are expected to be brought before the Federal High Court in Abuja to resume the battle for bail from prison custody.

Justice Emeka Nwite had on Tuesday fixed today to hear their bail argument after their arraignment on 16-count money laundering offences.

Malami and his co-defendants had pleaded not guilty to all the charges as preferred against them by the Economic and Financial Crimes Commission (EFCC) on behalf of the federal government.

At the Tuesday’s proceedings, Counsel to the three defendants, Joseph Daudu, SAN had argued oral bail application saying that having read the 16-counts charge and the law on the subject matter, it is a proper application to make orally adding that, the, “only condition where one needed a written application is where it is a capital offence.”

“The offences of money laundering are bailable offences. The charges are not complicated, they are bailable and the defendants are presumed innocent until proven guilty by the court”,
 he said and urged the court to admit them to bail.

EFCC counsel, Ekele Iheanacho SAN had vehemently opposed the oral application for the bail of the defendants, saying that Section 162 of Administration of Criminal Just Act ACJA listed factors to consider before exercising discretion on bail application.

“Those factors can only come into the court through affidavit evidence and to determine whether to grant bail or not, both the prosecution and the defense would be given the opportunity to state their facts and these facts belong to the witnesses,”
 he said.

Justice Nwite had in a ruling rejected the oral bail application and ordered both parties to appear before him today to argue written bail application.

The EFCC had arraigned the former AGF and the two others before the Federal High Court sitting in Abuja on a 16-count money laundering charge.

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BREAKING: Ex-AGF Malami, Son Plead Not Guilty To Money Laundering Charges

Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, his son Abubakar Abdulaziz Malami, and another individual have pleaded not guilty to a 16-count money laundering charge.

The defendants were arraigned before the Federal High Court in Abuja on Tuesday, facing allegations of unlawful acquisition and concealment of funds.

The trial is set to continue as the court considers the charges.

More details soon…

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EFCC Set To Dock Ex-AGF Malami For Alleged Fraud At Federal High Court

The Economic and Financial Crimes Commission (EFCC) is scheduled to arraign former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, in court today, December 30.

Malami, who was Justice Minister for 8 years under former president Muhammadu Buhari, would be put on trial at the Federal High Court in Abuja.

His plea is expected to be taken by Justice Emeka Nwite on 16-count charges bothering on money laundering, among others.

At the time of this report, operatives of the EFCC have taken over security control of the court promises to ward off possible threat to the court proceedings.

Malami has been in EFCC custody for close to one month as part of investigation into alleged money laundering and corruption linked to his tenure as Attorney-General of the Federation and Minister of Justice, involving suspicions of mishandling government funds and other financial irregularities.

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EFCC: Court Grants Abubakar Malami Bail

Former Minister of Justice and Attorney-General of the Federation, Abubakar Malami, has been granted bail by a High Court of the Federal Capital Territory, Abuja Judicial Division.

Malami was granted bail on Monday by Justice Bello Kawu in connection with the charges brought against him by the Economic and Financial Crimes Commission (EFCC).

The bail was granted on the same terms earlier considered by the EFCC, including the surrender of Malami’s international passport and the execution of bail bonds by two sureties.

The sureties include the Director-General of the Nigerian Legal Aid Council and a serving member of the House of Representatives representing the Augie/Argungu Federal Constituency.

Justice Kawu held that the application for bail was granted on grounds of exceptional hardship, pending the hearing and determination of the substantive motion on notice.

The matter has been adjourned to January 5, 2026, for the hearing of the motion on notice.

Earlier, Malami had rejected allegations by the EFCC that he operates 46 unlawful bank accounts and has ties to financial misconduct, including the repatriation of the late General Sani Abacha loot.

​In a statement issued by his media aide, Bello Doka, Malami maintained that the accusations are “ridiculous and baseless,” insisting he has only six bank accounts in his name, which are already known to the anti-graft commission.

​Doka emphasized that the former Minister has no connection to the recovered funds of the late dictator or any other allegations of financial impropriety being circulated in the media.

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This Isn’t Politics, You Never Met Bail Conditions — EFCC Slams Malami

The Economic and Financial Crimes Commission (EFCC) has dismissed claims by former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, that his bail was revoked due to his attendance at a political gathering in Kebbi State.

The EFCC, in a rebuttal by its spokesperson, Dele Oyewale on Saturday, insisted the matter has nothing to do with politics but everything to do with unmet bail conditions.

According to the anti-graft agency, Malami’s continued detention was neither politically motivated nor linked to his media appearances or political activities, but stemmed solely from his failure to meet the five conditions attached to the provisional administrative bail earlier granted to him.

The Commission described the claim as misleading narratives gaining traction in the public space.

“The Economic and Financial Crimes Commission, EFCC, though not disposed to joining issues with respect to its operations in the media, is compelled to respond to the patently false claims of a former Attorney-General and Minister of Justice, Abubakar Malami, SAN, about a purported revocation of his bail over attendance at a political gathering in Kebbi,”
Oyewale stated.

He pointed out that administrative bail is not an entitlement but a discretionary and temporary relief granted to suspects pending the conclusion of investigations and possible arraignment in court.

The EFCC added that Malami was offered provisional administrative bail after a brief interrogation on 28 November 2025, subject to five specific conditions, none of which he has met.

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BREAKING: Again, EFCC Re-arrests Abubakar Malami

The Economic and Financial Crimes Commission (EFCC) has once again taken Nigeria’s former Minister of Justice and Attorney General of the Federation, Abubakar Malami (SAN), into custody, just days after his initial questioning by the anti-graft agency.

Sources confirmed to SaharaReporters that Malami was arrested late Monday night and was reportedly struggling to meet the stringent bail conditions set by the EFCC that same night.

Investigations revealed that Malami was actively searching for two serving permanent secretaries to stand as sureties, a critical requirement to fulfill the bail conditions for his release.

“EFCC arrested Abubakar Malami again; he was looking for two Permanent Secretaries for bail conditions on Monday night,”
a source privy to the probe disclosed.

This marks Malami’s second detention in quick succession. He had initially honored an EFCC invitation on Friday, November 28, to clarify certain issues and was granted bail but was almost forced to spend the night in custody due to the conditions.

Malami later confirmed his release from the first detention, stating on his official X handle,“The engagement was successful and I am eventually released while on an appointment for further engagement as the truth relating to the fabricated allegations against me continue to unfold.”

The re-arrest comes amid Malami’s strong public dismissal of the core allegations leveled against him by the EFCC, which center on the recovery process of the $310 million (later $322.5 million with interest) Sani Abacha loot.

Malami dismissed the EFCC’s claims that he “duplicated” a recovery process allegedly completed by Swiss lawyer Enrico Monfrini before Malami assumed office in 2015.

In a statement issued by his media aide, Mohammed Doka, Malami described the EFCC’s claims as “baseless, illogical, and devoid of substance.”

Monfrini himself applied in December 2016 to be re-engaged for the same recovery, which Malami argued contradicts the notion that the process was already concluded.

Malami insisted he saved the Nigerian state between 15% (76.8 billion at an average ₦1,600/ rate) and 35% ($179.2 billion) of the recovered sum by rejecting Monfrini’s demand for a 20-40% success fee and a $5 million upfront deposit, opting instead for a local law firm on a transparent 5% success fee basis.

Malami concluded that “any claim or investigation suggesting abuse of office or money laundering in relation to the $322.5million is not rooted in any reasonable ground for suspicion.”

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EFCC Arraigns Two Businessmen For N1.55 Billion Fraud, Illegal Forex Operations

The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned two businessmen, Dr. Fagite Oladipo and Raymond Akintayo, before the Federal High Court in Lagos on charges of conspiracy, fraud, and the unlawful conversion of N1.55 billion.

The funds were reportedly obtained from Ocean Lord Limited under the pretense of holding a legitimate foreign exchange transaction licence.

Alongside the two individuals, the EFCC also arraigned two corporate entities, Cabota Power Company Limited and Cabota Group Limited, facing an eight-count charge detailing alleged fraudulent activities that occurred between May 2 and May 15, 2025.

At the start of proceedings, EFCC counsel requested that the charges be read to the defendants to enable them to enter their plea. Both Oladipo and Akintayo pleaded not guilty to all counts.

According to the charge sheet before Justice Daniel Osiagor, the EFCC accused the defendants of conspiring to obtain N1.55 billion under false pretences, claiming they had a valid licence to engage in foreign exchange transactions, a licence the prosecution asserts was non-existent.

The EFCC stated that this conduct violates Section 8 and is punishable under Section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.

The anti-graft agency further alleged that the defendants fraudulently converted N464 million belonging to Ocean Lord Limited on May 6, 2025.

The sum was reportedly broken down into four separate amounts: N85 million, N150 million, N208 million, and N121 million. These actions, the EFCC said, contravene Sections 383 and 390 of the Criminal Code Act.

In addition to the fraud and theft charges, the defendants were accused of operating as a financial institution without proper authorisation.

The EFCC claimed that Dr Oladipo and Akintayo conducted bureau de change operations without a licence from the Central Bank of Nigeria, CBN, violating Section 57(1) of the Banks and Other Financial Institutions Act (BOFIA), 2020.

Following their not guilty plea, the defendants’ counsel, Chief (Dr) Richard Oma Ahonaruogho, SAN, informed the court that a formal bail application had been filed and served on the prosecution.

EFCC prosecutor Mr Suleiman requested additional time to prepare a counter-affidavit, noting that the bail documents had just been received.

When the defence sought an oral bail application, Justice Osiagor declined, citing the need for procedural fairness.

The defence then requested that the defendants remain in EFCC custody pending the formal hearing of their bail application, a request granted by the court.

The matter was adjourned to December 11, 2025, for the hearing of the bail application.