EFCC arrests 42 suspected Yahoo boys in Ogun

he Ibadan Zonal Office of Economic and Financial Crimes Commission (EFCC) has arrested 42 suspects; for alleged involvement in internet-related fraud.

Mr Tony Orilade, EFCC Acting Spokesperson said this in a statement on Friday in Ibadan.

Orilade said that the suspects were arrested at different locations in Ilaro; following actionable intelligence earlier received on their alleged illegal activities. He said that items recovered from them included eight exotic cars, mobile phones and laptops.

Orilade said that the suspects were aged between 18 and 33; adding they would be charged to court as soon as investigations were concluded.

Meanwhile, the Economic and Financial Crimes Commission, EFCC has re-arraigned social media celebrity; Mompha, real name Mustapha Ismaila over an alleged N32.9 billion fraud.

Mompha was first arraigned by the commission on 14 counts bordering on fraud; money laundering and running a foreign exchange business without the authorisation of the Central Bank of Nigeria.

Also, he was arraigned alongside his accomplice, Ismalob Global Investment Ltd.


However, he had pleaded not guilty to the charges. Consequently, he was granted bail in the sum of N100m with one surety in like sum.

The trial has since commenced in the suit, with the EFCC still leading witnesses in evidence.

When the case was called on Wednesday, March 4, the prosecutor; Mr Rotimi Oyedepo, informed the court of a second amended charge against the defendant. Therefore, he urged the court to allow a fresh plea by the defendant.

Ng daily

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