Lagos State former Attorney General and Commissioner for Justice, Olasupo Shasore is engulfed in another money laundering mess.
Shasore has been arraigned on fresh money laundering charges involving N109.8 million. He was slammed with 14-count criminal charges along with his personal company, Middlesex Investment Limited.
Among others, Shasore was said to have failed to report in writing to the Economic and Financial Crimes Commission (EFCC), a single lodgment of N60 million into his company’s account with a commercial bank.
The alleged offence is said to be contrary to section 10 of the Money Laundering Prohibition Act 2011.
The former Attorney General was also accused of failing to report to the anti-graft agency, a single lodgment of another N48.8 million into the same account in breach of money laundering laws.
The charge sheet equally indicated that Shasore in November 2017 committed same offence by transferring $300,000 single lodgment into his company account where he is a sole signatory.
