EFCC Slams Money Laundering Charge On Ex-Lagos AG

The Economic and Financial Crimes Commission (EFCC) has slammed four counts of alleged money laundering on a former Lagos State Attorney-General and Commissioner for Justice, Olasupo Shasore, at a Federal High Court in Lagos.

In the charge, Shasore, who worked with the Babatunde Fashola-led administration, was accused of inducing one, Olufolakemi Adelore, in accepting cash payment of the sum of $100, 000 without going through any financial institution.

Count one of the charge sheet said that Shasore on or about November 18, 2014 induced one Olufolakemi Adetore, in accepting cash payment of the sum of $100,000 without going through a financial institution.

In count two, Shasore was alleged to have made cash payment of the sum of $100,000 to Olufolakemi Adelore through Auwalu Habu and Wole Aboderin.

In counts three and four, the former Lagos AG was said to have induced and also made cash payment of the sum of $100,000 to one Ikechukwu Oguine without going through a financial institution.

The court has fixed the arraignment of the former Lagos AG for October 20 before Justice Chukwujekwu Aneke.

The anti-graft agency alleged that the sums which exceed the amount permitted by law constitute an offence contrary to sections 78(c); 1(a) and 16(1)(d) and 18(c) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under section 16(6) and 16 (2)(b) of the same Act.

Supo Shasore (SAN) was the Attorney-General and Commissioner for Justice, during the tenure of Mr. Babatunde Fashola as Governor of Lagos State.