Shasore, former Lagos AG arraigned for fraud

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Shasore gets N50 million bail
Olusupo Shasore, SAN

 

Admin l Friday, October 21, 2022

 

IKOYI, Lagos – Former Attorney and Commissioner for Justice in Lagos State, Mr. Olasupo Shasore, SAN was on Thursday arraigned by Economic and Financial Crimes Commission, EFCC for allegedly laundering $200,000.

Shasore  allegedly induced  Olufolakemi Adelore  to accept  cash payment  in 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 Auwalu Habu and Wole Aboderin.

In the charge sheet, the former commissioner  paid $100, 000  in cash to Ikechukwu Oguine and Mr. Adelore who were lawyers to the Nigerian Petroleum Ministry and the Nigerian National Petroleum Corporation, at the time.

Shasore was said to have committed the alleged offences on or about November 18, 2014, connected with the botched 2010 gas processing deal between Nigeria and a British Virgin Island firm, Process and Industrial Development, P&ID.

The SAN 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.

 

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