Court orders forfeiture of Mompha’s glasses, wristwatches, iPhone - SALIENT TIMES ONLINE

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Friday, 15 October 2021

Court orders forfeiture of Mompha’s glasses, wristwatches, iPhone

By Our Correspondent


The Economic and Financial Crimes Commission (EFCC) has secured the interim forfeiture of five designer sunglasses, five luxury wristwatches, and an iPhone 8 taken from Mompha, a Lagos-based socialite.


Mompha is being prosecuted by the EFCC alongside Ismalob Global Investment, his firm, at a federal high court in Ikoyi, Lagos on a 14-count charge bordering on cyber fraud and money laundering to the tune of N33 billion.


The socialite had been arrested on October 19, 2019, at the Nnamdi Azikiwe International Airport in Abuja.


The EFCC had approached Lewis Allagoa, a judge of the federal high court, Ikoyi with an ex-parte application seeking for the forfeiture of the items.


The EFCC, in an affidavit by Bot Dachung, argued that the forfeiture was necessary “to prevent the respondents from tampering and/or dissipating the properties” which were suspected to be proceeds of unlawful activities.


Ruling on the motion on October 13, Allagoa upheld the arguments canvassed by Chinenye Ugwoke, counsel for the EFCC.


The judge ruled that the order subsists pending the EFCC’s investigation of the respondents in the matter.


The designer glasses include a Dsquared sunglass; Tomford – TF586 sunglass, Cartier – B17C76B sunglass, Montblanc – MB0045S sunglass, and a Louis Vuitton – Z1186E sunglass.


The five luxury watches include a Rolex Oyster Perpetual, Audemars Piguet, Audemars Piguet – J46220, XY Hublot – 1321920, and an XY Hublot- 924206.


Mompha had earlier threatened to sue the anti-graft agency over what he described as a libellous publication in connection with the case brought against him.