A Federal High Court in Lagos on Friday, granted bail to suspected money launderer, Ismaila Mustapha, AKA Mompha.
Mompha was granted bail in the sum of N100m.
EFCC had arrested Mompha on October 19 for alleged internet fraud and money laundering recently at the Nnamdi Azikiwe International Airport in Abuja.
Mompha was arraigned for alleged N33billion fraud.
Daily Post reports that following his arraignment at the Federal High Court, Ikoyi, Lagos by the EFCC, Mompha on Thursday dragged the EFCC before a High Court in Lagos.
Mompha instituted a fundamental rights enforcement suit against EFCC for detaining him beyond the constitutionally stipulated days without charging him to court.
In the commencement of trial on Monday, Mompha pleaded not guilty to a 14-count charge bordering on fraud offences.
