According to the charge marked: FHC/ABJ/CR/386/22, the Federal Republic of Nigeria is the complainant. Shasore was alleged to be a director and a signatory to the company’s Guaranty Trust Bank account number: 0005659394. The EFCC, in count one, alleged that between September 3 and September 11, 2014, the firm and Mr Shasore failed to report in writing to the agency a single lodgement transaction of the sum of N60 million from Mandivera Global Resources Limited into the company’s GTB account.
Similarly, in count five, the EFCC alleged that between August 26 and September 3, 2019, the defendants failed to report in writing to the agency a single transfer transaction of the sum of 30,000 dollars ($30,000.00) from the GTB account number 0005659435 of Middlesex Investments Ltd. to the account of Olasupo Shasore. The EFCC claimed the action was in breach of Section 10(1)b of the Money Laundering Prohibition Act 2011 (as amended) and punishable under Section 10(3) of the same act.
The trial was initially scheduled to take place from March 13 to March 17 on a day-to-day basis. However, it could not proceed this week due to the ongoing judges’ training at the National Judicial Institute (NJI), Abuja, where Justice Ekwo was also a participant. The matter has now been fixed for May 9 and May 10 for trial.
NAN reports that Shasore was granted bail in terms of the administrative bail earlier granted him by the EFCC. Justice Ekwo, who fixed the new date, assured both parties that the trial would be concluded within the given time frame.