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EFCC Withdraws Money Laundering Charge Against Former Attorney-General

by Victor Ndubuisi
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Olasupo Shasore, the former attorney general of Lagos state, is no longer facing charges of “money laundering,” according to the Economic and Financial Crimes Commission (EFCC).

In November 2022, Shasore appeared before Judge Inyang Ekwo with his company, Middlesex Investments Ltd., to answer to a 14-count money laundering indictment.

Attorney-general of the federation (AGF) Lateef Fagbemi gave the EFCC’s lawyer, Bala Sanga, instructions in a letter to withdraw the allegation during Thursday’s court session.

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Olawale Akoni, Shasore’s attorney, did not object to the application.

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“We will humbly be asking the defendant to be discharged,” Akoni said.

Consequently, the judge granted the application and discharged the defendants.

The AGF’s letter addressed to the EFCC chairman was titled: “RE: Review of All Civil and Criminal Proceedings Between Process and Industrial Developments Ltd (P&ID) and Federal Republic of Nigeria (FRN).”

The letter dated November 23 with reference number DPPA/OLASUPO/345/23 informed the EFCC “that the above charges were being reviewed in the light of recent developments in Process & Industrial Developments Limited vs. The Federal Republic of Nigeria (CL-2018-000182) and The Federal Republic of Nigeria vs. Process & Industrial Developments Limited (CL-2019-000752).

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“Consequently, you are hereby directed, pursuant to the provisions of Sections 105(1) & 108(1) of the Administration of Criminal Justice Act, 2015, to withdraw the said charges with immediate effect and revert on compliance promptly.”

 

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