Popular Nigerian big boy and businessman, Ismaila Mustapha popularly called Mompha has broken silence on the 157million naira fraud allegations leveled against him.

It was reported that the Economic and Financial Crimes Commission, EFCC has placed a charge on Mompha for being involved in money laundering with one Mr. Babafemi, the Chief Executive Officer of 606 Autos LTD and Splash Off Entertainment Limited.

Mr. Babafemi has been on trial since November 1, 2019 and accused of being an agent of fraud suspects named by the US Federal Investigation Bureau (FBI) of which Mompha is one, however he denied the accusation.

Taking to his Instagram page, Mompha said the reports that he has defrauded anybody is false and a deliberate move by some persons to dent his reputation as they are all lies.

In his words;

”why all this lies Please stop tarnishing my image because none of this is true Abeg ooo i no want wahala ooo una won use my name trend abi”