EFCC arraigns Lagos State ex-AG over alleged $200,000 money laundering

The Economic and Financial Crimes Commission (EFCC), yesterday, arraigned a former Lagos Attorney-General (AG) and Commissioner for Justice, Olasupo Shasore (SAN), over alleged money laundering of $200,000.

Shasore was arraigned on a four-count charge before Justice Chukwujekwu Aneke of a Federal High Court sitting in Ikoyi, Lagos with a four-count charge marked FHC/L/447C/2022.

At the resumed hearing, the anti-graft agency counsel, led by Mr. Bala Sanga (SAN), prayed the court to accept the information filed against the defendant and asked the defendant to take his plea.

Shashore, however, denied the allegation and pleaded not guilty to all the charges.

His defence team, led by four Senior Advocates of Nigeria (SANs), Yemi Candide-Johnson, Dr. Muiz Banire, Segun Ajibola and Chijioke Okoli, prayed the court to grant the defendant bail on liberal terms and on self-recognisance, saying that Shasore is not a flight risk and that the alleged offences are available.

The prosecution counsel, Bala Sanga, did not oppose the request, saying that the prosecution was only interested in the merit of the case.

In his ruling, Justice Aneke admitted Shasore to bail in the sum of N50 million with two sureties in like sum.

The judge also directed that one of the sureties must be a permanent secretary or director in Lagos State civil service.

He adjourned the case till November 24, 2022, for the commencement of the trial.