The Economic and Financial Crimes Commission, EFCC has filed a four-count charge of money laundering against Shasore, accusing him of accepting cash payment of $100, 000. 00, USD, without going through a financial institution.
The former Attorney General was also alleged to have made cash payment of the sum of $100, 000.00 USD to one Olufolakemi Adelore through Auwalu Habu and Wole Aboderin.
The charge was filed before the court on August 12, 2022 by EFCC counsel, Rotimi Oyedepo, leading three other prosecutors
Sasore was the Lagos State’ Attorney-General and Commissioner for Justice during Mr. Babatunde Raji Fashola led-government, between 2007 and 2011.
In the charge, Sasore was alleged to have induced one Olufolakemi Adetore, in accepting cash payment of the sum of $100, 000. 00, USD, without going through a financial institutions.
He was also alleged to have made cash payment of the sum of $100, 000.00 USD to Olufolakemi Adelore through Auwalu Habu and Wole Aboderin.
The charge also added that the former Lagos State’s Attorney-General also made cash payment of $100, 000.00 USD, to one Ikechukwu Oguine without going through a financial institution.
The offences alleged to have been committed by Sasore contravened sections 78(c); 1(a) and 16(1)(d) and 18(c) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under section 16(6) and 16 (2)(b) of the same Act.
The charge as filed before the court by the EFCC.
Count one
“That you Olasupo Shasore, S.A.N on of about the 18th day of November, 2014 in Lagos within the jurisdiction of this Honourable Court induced Olufolakemi Adelore to commit an offence, to wit accepting cash payment of the sum of US100, 000.00 (One Hundred Thousand United States Dollars) without going through a financial institution which such exceeded the amount authorized by Law and you thereby committed an offence contrary to section 78(c) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under section 16(6) of the same Act.
Count Two
“That you Olasupo Shasore, S.A.N on or about the 18th day of November, 2014 in Lagos within the jurisdiction of this Honourable Court, in a transaction without going through a financial institution, made cash payment of the sum of USD 100, 000.00 (One Hundred Thousand United States Dollars) to Olufolakemi Adelore through Auwalu Habu and Wole Aboderin which sum exceeded the amount permitted by Law and y0u thereby committed an offence contrary to sections 1(a) and 16(1)(d) the Money Laundering(Prohibition) Act, 2011 (as Amended) and punishable under section 16(2)(b) of the same Act.
Count Three
“That you Olasupo Shasore, S.A.N, on or about the 18th November, 2014 in Lagos within the jurisdiction of this honourable Court, induced one Ikechukwu Oguine,to commit an offence, to wit: accepting case payment of the sum of USD100, 000. 00 (One Hundred thousand United States Dollars) without going through a financial institutions, which such amount exceeded the amount permitted by Law and you are thereby committed an offence contrary to Section 18(c) of the Money Laundering Act, 2011 (as amended) and punishable under Section 16 (2)(b) Of the same Act.
Count Four
“That you Olasupo Shasore, S.A.N on or about 18th day of November, 2014 in Lagos, within the jurisdiction of this Honourable Court, without going through a financial institutions and made cash payment of the sum of USD100, 000.00 (One Hundred thousand United State Dollars) to one Ikechukwu Oguine which sum exceeded the amount permitted by Law and you thereby committed an offence contrary sections 1(a) and 16(1),(d) of the Money Laundering (Prohibition Act, as amended) and punishable under section 16 (2)(b) of the same Act.” – The News.
