EFCC slams ‘money laundering’ charges on ex-Lagos AG

The Economic and Financial Crimes Commission (EFCC) has filed a four-count charge money laundering offence against a former Lagos State Attorney-General (AG) and Justice Commissioner, Mr. Olasupo Shasore, before a Lagos Federal High Court.

The EFCC in a charge sheet sighted based on the information gathered accused Shasore (SAN) who was the Lagos state’ Attorney-General and Justice Commissioner, during Mr. Babatunde Raji Fashola led-government, of committing the offences on or about November 18, 2014.

In the charge, Shasore was alleged to have induced one Olufolakemi Adetore, in accepting cash payment of the sum of $100, 000. 00, USD, without going through  financial institution.

He was also alleged to have made cash payment of the sum of $100, 000.00 USD to Olufolakemi Adelore, through Auwalu Habu and Wole Aboderin.

The charge also added that the former Lagos state’s Attorney-General also made cash payment of the sum of  $100, 000.00 USD, to one Ikechukwu Oguine without going through a financial institution.

The sum which the anti-graft agency said exceeded the amount permitted by Law. And that 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 punishable under section 16(6) and 16 (2)(b) of the same act.