Alleged internet fraudster, Ismaila Mustapha, better known as Mompha has been released by the Economic and Financial Crimes Commission [EFCC] on Wednesday .
This comes two weeks after he was re-arrested by the anti-graft agency in Lagos.
His lawyer, Mr Gboyega Oyewole (SAN), confirmed to news men that his client was released on bail.
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He added that Mompha had withdrawn the N5 million fundamental rights suit he filed against the EFCC to challenge his re-arrest.
MetroNews recalls that Mompha was re-arrested by the agency when he went to EFCC office in Ikoyi, Lagos to reclaim his five wristwatches, one Apple Air pod, one iPhone 8 mobile phone and one pair of sunglasses seized from him by the anti-graft agency since last year.
But Mompha, through Oyewole, had contended that his re-arrest was unjustifiable and unlawful in the N5 million suit he slammed against the EFCC.
But the spokesman for the EFCC, Mr Dele Oyewale, said Mompha’s re-arrest was justified as it was connected to a fresh set of cyber fraud, which had nothing to do with the earlier money laundering charges over which he had been arraigned.