EFCC to arraign ex-Lagos Attorney General for money laundering charges on Oct 20

The Economic and Financial Crimes Commission, EFCC, has accused a former Lagos State Attorney General and Commissioner for Justice, Mr Olasupo Shasore of money laundering committed through one Olufolakemi Adetore and Ikechukwu Oguine.

The antigraft agency has filed a four-count money laundering charge against the ex-attorney general.

According to the charge sheet filed by the EFCC at the Federal High Court in Lagos on August 12, 2022, the former attorney-general allegedly made a cash payment of $100,000 to Olufolakemi Adelore through Auwalu Habu and Wole Aboderin. He allegedly committed the offences on or around November 18, 2014.

The charge also added that Shasore also made a cash payment of  $100,000 to one Ikechukwu Oguine without going through a financial institution.

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The offences contravened 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.

The arraignment of Shasore has been fixed for October 20.

Shasore was the Lagos State Attorney-General and Commissioner for Justice during Mr Babatunde Fashola-led government.