Nigerian social media celebrity, Ismaila Mustapha, popularly referred to as Mompha, has regained his freedom few months after arrest for alleged money laundering and cyber crime.
The court presided by Justice Mojisola Dada upheld his bail variation application to 25 million naira.
He is also to provide two sureties to consolidate the N200million bail bond earlier granted by the same court when he was arraigned in January.
On Monday, March 28, his counsel, Gboyega Oyewole, SAN, applied for a variation of his bail conditions and informed the court that the defendant has submitted his international passport to the court registrar.
He premised his request on the fact that Mompha is also standing trial at the Federal High Court and “he never missed court for one day”.
EFCC’s counsel, Rotimi Oyedepo, who acknowledged receipt of the defence’ application, left the decision to the discretion of the Court.
Approving his application for bail variation, Justice Dada granted bail to Mompha in the sum of N25 million with two sureties in like sum, one of whom must own a property worth N50 million within the jurisdiction of the Court.