• About
  • Privacy Policy
  • Contact
Friday, August 1, 2025
No Result
View All Result
NEWSLETTER
Diplomatic Info
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
    • mail
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
    • mail
No Result
View All Result
Diplomatic Info
No Result
View All Result
Home ECOWAS Nigeria

EFCC arraigns ex-Lagos attorney general Supo Shasore for multimillion-naira money laundering

by Diplomatic Info
October 20, 2022
in Nigeria
0
EFCC arraigns 5 Sokoto officials for N554m pension fraud
0
SHARES
18
VIEWS
Facebook ShareShare on WhatsAppTweet it!

Supo Shashore pleaded not guilty to all counts.

Former Lagos attorney general Supo Shashore was on Thursday arraigned before the Lagos Division of the Federal High Court on a four-count charge of money laundering.

He pleaded not guilty to all counts.

Last week, the Economic and Financial Crimes Commission (EFCC) filed money laundering charges against Mr Shasore. The Senior Advocate of Nigeria (SAN) served in the first term of former Governor Babatunde Fashola. 

In the charge sheet, Mr Shasore was alleged to have induced Olufolakemi Adelore to accept a cash payment of $100,000 without going through a financial institution. He was also alleged to have made a cash payment of $100,000 to Ms Adelore through two persons, Auwalu Habu and Wole Aboderin. 

The anti-graft agency also alleged the senior lawyer made a cash payment of $100,000 to Ikechukwu Oguine without going through a financial institution.

Mr Shasore was said to have committed the alleged offences on or about November 18, 2014. According to the EFCC, the sums exceed the amount permitted by law. 

It added that the offences also contravened sections 78(c), 1(a) and 16(1)(d) and 18(c) of the Money Laundering (Prohibition) Act, 2011 (as amended).

The offences are punishable under sections 16(6) and 16 (2)(b) of the same Act.

In January, the EFCC also interrogated Mr Shasore over his involvement in the Process & Industrial Development (P&ID) $9.6 billion judgement saga.

The senior lawyer, appointed as Nigeria’s legal representative in the P&ID case in 2012, was accused of compromising the country’s defence at a British arbitration tribunal, contributing to the humongous award issued against Nigeria by the panel.

P&ID, a British Virgin Island firm, was issued the arbitral award, which rose to $9.6 billion as compensation for Nigeria’s alleged breach of a Gas Supply Process Agreement (GSPA). The GSPA was signed by the representatives of the Nigerian government on January 11, 2010.

P&ID, in 2012, commenced arbitration proceedings against Nigeria in the United Kingdom for allegedly breaching its part of the GSPA.

Mr Shasore was appointed as counsel for Nigeria in the arbitration proceedings in 2012.

Diplomatic Info

Diplomatic Info

Next Post
Two years on, over 40 #EndSARS protesters still languishing in Nigerian jails

Two years on, over 40 #EndSARS protesters still languishing in Nigerian jails

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Non-payment of entitlements: Ex-soldiers stage peaceful protest in Kaduna

Non-payment of entitlements: Ex-soldiers stage peaceful protest in Kaduna

4 years ago
Africa: What Africa Expects of New WTO Chief Dr. Ngozi Okonjo-Iweala

Africa: What Africa Expects of New WTO Chief Dr. Ngozi Okonjo-Iweala

4 years ago

Popular News

  • Buhari arrives Washington for U.S.-Africa leaders summit

    Buhari arrives Washington for U.S.-Africa leaders summit

    0 shares
    Share 0 Tweet 0
  • Israeli president says situation ‘very serious’ amid judicial overhaul debate

    0 shares
    Share 0 Tweet 0
  • 2023: I’ll negotiate with IPOB on Biafra agitation, Atiku declares

    0 shares
    Share 0 Tweet 0
  • Aregbesola calls for review of bush burning law

    0 shares
    Share 0 Tweet 0
  • I snubbed governors Tinubu sent to beg me after election; I’ll not stop fighting until Supreme Court rules: Atiku Abubakar

    0 shares
    Share 0 Tweet 0

Connect with us on Facebook

Subscribe to Our Newsletter

Enter your email now to join our community of readers, and get new contents straight to your inbox

We promise to not spam you

Thanks for joining in.

Category

  • Africa
  • Benin
  • Burkina Faso
  • Business
  • Cote D'Ivoire
  • Cover Story
  • Diplomacy
  • ECOWAS
  • Education
  • Embassy News and Info
  • Events
  • Ghana
  • Guinea
  • Guinea Bissau
  • International
  • Liberia
  • Mali
  • News
  • Niger
  • Nigeria
  • Politics
  • Programs
  • Security
  • Senegal
  • Sierra Leone
  • The Gambia
  • Togo
  • Uncategorized

Quick Links

  • About
  • Contact
  • Privacy Policy
  • Advertise

About Us

Providing strategic insights into important social, cultural, political, and economic factors that significantly influence business and nations, Diplomatic Info will examine these critical issues and provide strategies that create competitive advantages.

© 2023 Diplomatic Info - Built with Love by Creovantage.

No Result
View All Result
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Business
  • Politics
  • Security
  • News
  • Cover Story
  • Africa
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • The Gambia
    • Cote D’Ivoire
    • Ghana
    • Cabo Verde
    • Benin
    • Burkina Faso
  • International
  • Contact

© 2023 Diplomatic Info - Built with Love by Creovantage.