Connect with us


Nigerian socialite who’s regular ‘buyer’ of the EFCC



Ismalia Mustapha, popularly referred to as Mompha, is one socialite who has develop into synonymous with controversial information headlines and declarations of warrant of arrest by the Financial and Monetary Crimes Fee (EFCC).  One factor that, nevertheless, makes him stand out is how he by no means fails to bounce again and drag not simply the EFCC for arresting him, but in addition everybody who dragged him whereas he was down.

His controversial nature is an element of his power and one of the many explanation why folks love him. His travails have develop into a bit of information that’s not ‘information’ to followers. The Nigerian socialite has been a buzz on social media.

 Therefore, it pays to know who Ismalia Mustapha is and the way he grew to become this controversial.

Ismaila Mustapha posing by his car

Ismaila Mustapha biography

Ismaila Mustapha, higher referred to as Mompha, was born in 1979, in Lagos, Nigeria. Though he was born in Lagos State, Mustapha initially hails from Oyo State. His father was a deeply dedicated Muslim, whereas his mom was a vibrant native market dealer. His mother and father shared a typical dream of looking for higher alternatives for his or her household, which led them to maneuver to the bustling state of Lagos.

His father’s unwavering religion and his mom’s enterprising spirit formed Mompha’s upbringing, instilling in him a mix of non secular devotion, a eager entrepreneurial mindset and the values and traditions of their homeland. This may be seen in his current life and enterprise endeavours.

Mustapha, who accomplished his secondary schooling at Authorities Faculty, Ikorodu, labored exhausting to make a reputation for himself through his enterprise and as we speak, he’s a well known determine in Nigerian social media circles. He’s famend for his opulent way of life and lavish expenditures.

With residences in each Nigeria and the United Arab Emirates (UAE), the socialite continuously divides his time between the two nations. Additionally, due to his reported substantial wealth, Mompha has attracted a large circle of prosperous pals from numerous walks of life, together with the leisure business and past.

ALSO READ: Seyi Tinubu: Son of Nigeria’s president who wears many hats

Some notable personalities he has been seen with embrace Tiwa Savage, Davido and Patoranking. Notably, he was as soon as photographed with Mallam Nasiru El Rufai, the Governor of Kaduna State, who beforehand served as the Director-Normal of the Bureau of Public Enterprises and the Minister of the Federal Capital Territory, Abuja. This encounter passed off aboard an plane, showcasing Mompha’s connections in high-profile circles.

Ismaila Mustapha arranging stacks of cash

Ismaila Mustapha profession

Mustapha is the proprietor and Chief Government Officer of Mompha Bureau De Change, a forex alternate institution, located on Bankole Road, Balogun, in the coronary heart of Lagos Island.

There was appreciable hypothesis surrounding Mustapha, with many of his followers and followers questioning about the supply of his immense wealth regardless of the enterprise he fronts. Opinions fluctuate, as some folks imagine that he’s concerned in a authentic and authorized cash alternate enterprise whereas others accuse him of being a fraudster and web scammer engaged in cash laundering and different illicit actions.

Despite the fact that he’s the proprietor and CEO of Mompha Bureau De Change, latest occasions have seen him come beneath the scrutiny of the EFCC. This has raised questions on the legality of his enterprise dealings and prompted hypothesis about his true actions.

Solely time will inform the consequence of the case and whether or not there’s any substance to the allegations in opposition to him. 

Ismaila Mustapha’s web value

In line with experiences on-line, Mustapha’s web value has been estimated to be between $10 million (₦4,620,000,000) to $15 million (₦6,930,000,000). For a Nigerian who was not born into wealth, it would look like a really enormous web value.

He has a fleet of vehicles, together with 2021 Mercedes GLE63s, Mercedes-Benz G63 AMG, Lamborghinis, Rolls-Royces, Ferrari 488 Spider and Lexus LX, and so forth. He has additionally been noticed carrying costly wristwatches akin to Rolex Oyster Perpetual, Audemars Piguet, Audemars Piguet- J46220, XY Hublot – 1321920 and an XY Hublot- 924206.

Ismaila Mustapha with his family

Ismaila Mustapha controversies

Mustapha is perhaps his actual identify however Mompha – his alias – is the identify that many have come to know as controversial.

Over the years, Mompha and controversy have develop into two sides of a coin as a result of when he’s not arrested by the EFCC and accused of cash laundering, he’s accused of fraudulent acts.

Ismaila Mustapha with security operatives

As the saying goes, “There isn’t any smoke with out hearth.” Most of the accusations always levied in opposition to him all the time revolve round fraudulent acts and unlawful acquisitions of wealth. This has led many to confer with him as a person who indulges in fraudulent actions i.e. a ‘yahoo yahoo’ boy. 

Regardless of being arrested a number of instances by the EFCC over the years, the self-acclaimed businessman all the time finds a approach to make bail or debunk the arrest rumours. His most up-to-date controversy was the rumours going round on social media that he was arrested as soon as once more by the EFCC in Might 2023 for allegedly laundering the sum of N6 million.

Reacting to the rumours, the social media movie star wrote on Instagram: “Idan was not arrested by EFCC; 33BG will not be in EFCC custody.” He subsequently referred to as on the anti-graft company to desist from partaking in a media trial, saying that he could be produced in courtroom on July 3, 2023.

He wrote: “Opposite to the latest publication in most media platforms in Nigeria that I, Mompha, was rearrested by the EFCC. I need to use this medium to show the corrupt and mischievous fee once more that I used to be neither rearrested nor am I of their custody.

“This assertion by the EFCC is laughable as a result of I’m at present not in Nigeria kind of rearrested.

“I hereby urge the fee to desist from this insensible media trial and cease deceptive folks via the press/media that I’m in your custody and would produce me earlier than the courtroom on July 3.”

ALSO READ: Bashir El-Rufai: Controversial son of Nigerian politician recognized for his Twitter feuds

Again in January 2022, in response to newspaper experiences, the EFCC arraigned Mompha alongside his firm, Ismalob International Funding, on an eight-count cost of laundering N6 billion, to which he pleaded “not responsible”.

In 2019, it was reported that the Lagos Zonal Workplace of the EFCC “arrested social media movie star, Ismaila Mustapha popularly referred to as Mompha, for alleged involvement in Web-related fraud and cash laundering”.

Contemplating how typically he has been arrested, Mustapha (a.ok.a. Mompha) has develop into a regular face at the EFCC workplace.

Ismaila Mustapha with his cars

Ismaila Mustapha household

Mustapha is a proud household man with a household of 4. He’s fortunately married to his spouse, popularly known as ‘Money Madam’, and the couple has two kids.

Ismaila Mustapha's family
His son is known as Mompha Junior, whereas his daughter is known as Princess Fatima Mustapha.

They’re his delight and function a continuing reminder of the significance of household values. The well-known businessman by no means fails to flaunt his cute kids on his Instagram web page. He typically posts cute snaps of his daughter with captions about life as he encourages the youth to work exhausting to make it in life.

ALSO READ: Yahoo Yahoo: Historical past, methods and penalties

Ismaila Mustapha age

Ismalia Mustapha was born on June 16, 1979. He’s at present 43 years previous and will probably be 44 years previous in 2023.

Ismaila Mustapha Instagram

On Instagram, Ismaila Mustapha goes by the identify @mompha and he has 1.1 million followers, as of the time of scripting this piece. Over the years, the businessman has been capable of set up himself and has develop into one of the in style figures on social media. 

He by no means fails to flaunt his lavish way of life and materials possessions on his Instagram web page. From his luxurious vehicles to costly wristwatches, the public is nicely conscious of his opulent way of life. His Instagram web page is crammed with journey, way of life, and meals posts. 

ALSO READ: Hushpuppi: Biography, supply of wealth, web value, household

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Get Daily Updates Here