Connect with us

    Hi, what are you looking for?

    Metro

    Alleged fraud: Ex-Lagos AG, Shasore Arraigned, Granted N50m Bail

    The Economic and Financial Crimes Commission, EFCC, yesterday, arraigned a former Lagos State Attorney-General and Commissioner of Justice, Olasupo Shasore, SAN, before a Federal High in Lagos for allegedly laundering $200,000.

    Shasore was alleged to have induced one Olufolakemi Adelore, in accepting a cash payment of the sum of $100,000, without going through a financial institution.

    He was also alleged to have made the cash payment to Ms Adelore through two persons; Auwalu Habu and Wole Aboderin.

    Read Also: Shoprite Announces Circle Mall Store reopening 24 months after looting incident

    According to the charge, the senior lawyer made a cash payment of $100, 000 to one Ikechukwu Oguine without going through a financial institution.

    The defendant allegedly made questionable payments of $100,000 each to Ms Adelore and Mr Oguine, who served as lawyers for the Nigerian Petroleum Ministry and the Nigerian National Petroleum Corporation, at the time.

    The former Attorney-General and Justice Commissioner in Lagos State was said to have committed the alleged offences on or about November 18, 2014.

    The charges are linked with the botched 2010 gas processing deal between Nigeria and a British Virgin Island firm, Process and Industrial Development, P&ID.

    Shasore, who pleaded not guilty to the four count-charge, was granted N50 million bail at the request of his legal team comprising of Yemi Candide-Johnson, SAN, Dr Muiz Banire, SAN, Segun Ajibola, SAN, and Chijioke Okoli, SAN.

    The matter was adjourned till November 24, 2022, by Justice Chukwujekwu Aneke for trial.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    World

    Japan’s parliament on Tuesday elected Sanae Takaichi as Prime Minister, making her the first woman to lead the country in modern history. Takaichi, 64,...

    Tech

    Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced the launch of Sophos Identity Threat Detection and Response (ITDR). This...

    News

    A 39-year-old train driver with the Nigerian Railway Corporation, Christopher Ofielu, has been sentenced to 18 months imprisonment or a fine of N1.5 million...

    News

    Senate is set to debate a motion on Wednesday calling for a substantial increase in the minimum wage and improved working conditions for members...