Olasupo Shasore, SAN, a former Lagos State attorney general and commissioner for justice, will be charged by the Economic and Financial Crimes Commission (EFCC) on Friday before the Federal High Court in Abuja.
Shasore will be charged with 14 counts of alleged money laundering along with a business, Middlesex Investments Ltd., before Justice Inyang Ekwo.
The EFCC’s attorney filed charge number: FHC/ABJ/CR/386/22 on August 17 with the Federal Republic of Nigeria as the complainant and Bala Sanga, Middlesex Investments Ltd, and Shasore as the first and second defendants, respectively.
Shasore is allegedly a director and signatory to the company’s 0005659394 Guaranty Trust Bank account.
According to count one of the anti-graft agency’s complaint, between September 3 and September 11, 2014, the company and Mr. Shasore allegedly neglected to report in writing to the organisation a single lodgement transaction involving the transfer of N60 million from Mandivera Global Resources Limited to Middlesex Investments Limited’s Guaranty Trust Bank account number 0005659394.
The EFCC claimed in count five that between August 26 and September 3, 2019, the defendants failed to submit in writing to the agency a single transfer transaction of $30,000 from Middlesex Investments Ltd’s GTB account number 0005659435 to Olasupo Shasore’s account.
This should be in line with Section 10(1)b of the Money Laundering Prohibition Act 2011 (as amended) and punished under Section 10(3) of the same act, according to the agency.
The suspects are also charged with failing to submit a declaration of the company’s activities to the Federal Ministry of Industry, Trade, and Investments as required by Section 5(1)(a)(ii) of the Money Laundering (Prohibition) Act, 2011, as amended, which is punishable under Section 16(2)(b) of the same act, among other things.
Shasore had been charged by the EFCC on October 20 in before the Ikeja Special Offenses Court.
He was charged with two counts of possible money laundering.
Just 24 hours after being charged with four counts of money laundering at the Federal High Court, Lagos division, the former A-G of Lagos State was brought before Justice Mojisola Dada.
As a result, Justice Dada granted him bail and postponed the trial until December 6.
