Nigeria, Nov. 25 -- The Federal High Court in Lagos has ordered that alleged internet fraudster, Ismaila Mustapha, popularly known as Mompha, be kept in the custody of the Nigerian Correctional Services until the hearing of his bail application.

The court fixed the hearing for his bail for November 29 after he pleaded not guilty to a 14-count charge of money laundering to the tune of N33 billion.

Justice Mohammed Liman gave this order on Monday after Mr Mustapha was arraigned by the Economic and Financial Crimes Commission (EFCC).

The anti-graft agency alleged in the charge signed by one of its counsel, Rotimi Oyedepo, that Mompha laundered the funds through a firm, Ismalob Global Investment Ltd, between 2015 and 2018.

Islamob Global ...