The Economic and Financial Crimes Commission (EFCC) has withdrawn the money laundering charge filed against a former Attorney-General of Lagos State, Olasupo Shasore.
Shasore was arraigned alongside his company, Middlesex Investments Ltd, on a 14-count charge of money laundering before Justice Inyang Ekwo, in November 2022.
At the day’s proceedings, counsel for the EFCC, Bala Sanga, told the judge that the Attorney-General of the Federation, Lateef Fagbemi, has directed the anti-graft agency via a letter, to withdraw the charge.
Counsel to Shasore, Olawale Akoni, did not oppose the application.
Justice Ekwo subsequently 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).
“Consequently, you are hereby directed, according 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 to compliance promptly.”
