EFCC Files Money Laundering Charges Against Former Lagos Attorney General Olasupo Shasore
The Economic and Financial Crimes Commission, EFCC, has filed a four-count money laundering charge against a former Lagos State Attorney General and Commissioner for Justice, Mr. Olasupo Shasore, SAN, l ‘accusing of inducing an Olufolakemi Adetore to accept cash payment without going through a financial institution.
Shasore was the Attorney General of Lagos State and Commissioner for Justice under the government led by Mr Babatunde Fashola.
Vanguard reports that according to the indictment filed by the EFCC with the Federal High Court in Lagos on August 12, 2022, the former Attorney General made a cash payment of $100,000 to Olufolakemi Adelore via Auwalu Habu and Wole Aboderin. He allegedly committed the offenses on or around November 18, 2014.
The prosecution also added that the former Lagos State Attorney General made a cash payment of $100,000 to an Ikechukwu Oguine without going through a financial institution.
The offenses violated Sections 78(c); 1(a) and 16(1)(d) and 18(c) of the Money Laundering (Prohibition) Act 2011 (as amended) and were punishable under section 16(6) and 16(2)(b) of the same Act.
Shasore’s arraignment has been set for October 20.