AMILOADED MEDIA HUB NEWS UPDATE
The Lagos Zonal Command of the Economic and Financial Crimes Commission on Thursday arraigned a former Attorney-General of Lagos State, Olasupo Shasore, on a four-count charge bordering on money laundering to the tune of $100,000.
He was arraigned before Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos.
Justice Chukwujekwu Aneke had fixed today for the arraignment. Shasore pleaded not guilty to all counts.
He is accused of inducing one Olufolakemi Adelore to accept $100,000 cash without going through a bank.
Shasore also allegedly gave $100,000 cash to one Ikechukwu Oguine without using a financial institution.
The duo were lawyers for the Ministry of Petroleum Resources and the Nigerian National Petroleum Corporation (NNPC).
The alleged offenses committed on or about November 18, 2014 contravene sections 78(c), 1(a) and 16(1)(d) and 18(c) of the Money Laundering (Prohibition) Act, 2011 (as amended).
NAN
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