Nigerian socialite, Ismaila Mustapha, better known as Mompha, has regained his freedom after meeting his bail conditions.
The flamboyant Nigerian was granted a N100 million bail after being arrested and subsequently taken to court, for alleged internet scam and money laundering.
Mompha was arraigned by the Economic and Financial Crimes Commission (EFCC) on 14 counts bordering on fraud, money laundering, and running a foreign exchange business without the authorisation of the Central Bank of Nigeria (CBN).
Shortly after his release, he deleted all his posts on his Instagram page.
The man who calls himself, ‘sky man’ and ‘citizen of the sky’, and who had used Instagram to display an ostentatious lifestyle has gone blank on the platform.
The CEO of the unregistered Mompha Bureau de Change did not state the reason.