Ex Lagos Attorney General, Shasore Granted N50m Bail

Olasupo Shasore, an ex Attorney General of Lagos State, has been granted bail in the sum of N50m with one surety who must be a Serving Director or Permanent Secretary in the State’s Civil Service.

The Federal High Court presided over by Justice Chukwujekwu Aneke also ordered that his travel passport be deposited with the court registrar.

The court then ordered his release to his team of lawyers – led by senior advocates, Adeyemi Candide-Johnson, Dr. Muiz Banire, Segun Ajibola and Chijioke Okoli – before adjourning his trial to November 24.

Before the court gave its ruling on bail, the defendant had been arraigned before it on a four-count of money laundering.

In the charge, the EFCC alleged amongst other things that Mr Shasore induced a former legal director in the Petroleum Ministry, Olufolakemi Adetore with a cash payment of $100,000,000.

He pleaded not guilty to all the counts.

Shasore will be facing a fresh arraignment on Friday before Justice Mojisola Dada of the Lagos State High Court.

The charge essentially borders on the corruption of a public official.

Mr Shasore will also subsequently face a third charge which is pending before the Federal High Court, Abuja.

Olasupo Shasore (SAN) was the Attorney-General and Commissioner for Justice, during the tenure of Mr. Babatunde Fashola as Governor of Lagos State.