Posted by Samuel on Wed 21st Jan, 2026 - tori.ng
According to the EFCC, Babafemi is an associate of Ismaila Mustapha, a.k.a Mompha, a Nigerian social media celebrity known for flaunting luxury lifestyles and currently embroiled in a high-profile money laundering trial with the EFCC.
Social media influencer Ismail Mustapha, popularly known as Mompha, has criticised the Economic and Financial Crimes Commission (EFCC) over the mention of his name in the arraignment of his associate.
The EFCC Lagos Zonal Directorate 1, on Tuesday, January 20, 2026, arraigned one Sarumi Samusudeen Babafemi for an alleged ₦206,000,000 (Two Hundred and Six Million Naira) fraud before Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos.
Babafemi alongside his companies, 606 Autos Limited, 606 Music Limited, and Splash Off Entertainment Limited, were arraigned on a five-count charge bordering on conspiracy, concealment, and transfer of proceeds of crime to the tune of ₦206,000,000 (Two Hundred and Six Million Naira), contrary to Section 332(1) of the Criminal Law of Lagos State, 2011, and punishable under Section 332(3) of the same law.
According to the EFCC, Babafemi is an associate of Ismaila Mustapha, a.k.a Mompha, a Nigerian social media celebrity known for flaunting luxury lifestyles and currently embroiled in a high-profile money laundering trial with the EFCC.
Reacting to the development, Mompha, in a post via Instagram, described EFCC as the most useless and corrupt Nigerian government agency.
Mompha questioned why his name was involved in the case, adding that the EFCC had attempted to extradite him from Dubai, but they failed.
He said, “The most useless and corrupt Nigeria Government Agency award goes to @officialefcc. Must you put my name in Every useless Case.
"Allow my name to Rest in peace. You already try to extradite me from dubai and you failed. leave me alone.”