Ex-Lagos AG, Shasore, Gets N50m Bail A former Attorney General (AG) of Lagos State, Mr Olasupo Shashore , on Thursday appeared before a Federal High Court in Lagos to answer to a money
A former Attorney General of Lagos State, Mr Olasupo Shashore , on Thursday appeared before a Federal High Court in Lagos to answer to a money laundering charge preferred against him by the Economic and Financial Crimes Commission .
The prosecution accused the defendant of inducing one Olufolakemi Adetore to accept cash payment without going through a financial institution.After his plea, the prosecutor, Mr Bala Sanga, urged the court to order a remand of the defendant in custody pending trial. He also informed the court that the defendant had co-operated with the anti-graft agency whenever required, as he had always made himself, as well as documents requested from him, available whenever required.
In his rulling, the court later on held: “There is no doubt that the court must strike a balance based on the evidence before it, between the constitutional rights of the defendant to liberty and presumption of innocence and the rights of the state to prosecute its erring citizens. “The defendant’s application for bail suceeds and the bail is accordingly granted in the following terms:“The surety must be a serving director or a permanent secretary in the service of the federation or the Lagos State Government.