Connect with us

    Hi, what are you looking for?

    Metro

    P&ID Scam: Olasupo Shasore in EFCC Custody

    P&ID scam: the EFCC has taken Olasupo Shasore a former Attorney-General of Lagos State in custody.

    Olaspo Shasore is being grilled by EFCC operatives over his roles in the Process & Industrial Development – P&ID scam.

    He had earlier been questioned by the anti-agency over the allegations against him.

    According to a reliable source, the senior lawyer appeared to the commission’s Abuja offices on Tuesday afternoon and was interrogated for several hours.

    Despite being paid a $2 million professional fee by the Federal Government, Sashore is accused of botching the case launched against P&ID in London.

    According to reports, he was picked as Nigeria’s counsel in the arbitration that led to the legal squabble because of his legal skills and status as the previous president of the Lagos Court of Arbitration.

    Shasore was said to have been paid $2mn to assist in the first and second stages of the arbitration.

    But investigation by the EFCC later revealed that Shasore did not give his best to defend the country’s interest but rather kept pushing for settlement, suggesting that he was compromised.

    Giving an update on the latest developments, a source said, “Sashore is still been questioned over his roles in the P&ID scam following new evidence uncovered by investigators. He will spend the night in our custody.”

    (PUNCH)

    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    Your email address will not be published.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

    Tech

    The 2025 edition of AI Forum Nigeria will convene leading figures in business, technology and government to deliberate on the growing shift toward artificial...

    E-Financial

    Kuda has launched its ‘Get more’ campaign, designed to help Nigerians make the switch to rewarding financial services. The campaign is the next phase...

    News

    Nigerian Fintech powerhouse wins Best SME Microfinance Bank, Mastercard’s Largest Non-FI Acquirer in Africa, and Most Outstanding Fintech Company of the Year  Moniepoint Inc...

    News

    At a time in the history of Nigeria when its reputation seems to have been slurred, an indigenous tech firm, Task Systems Limited, was...