The offences, according to the commission, contravened Sections 78; 1 and 16 and 18 of the Money Laundering Act, 2011 and are punishable under section 16 and 16 of the same Act.Charges filed by EFCC read in part, “That you Shasore on or about November 18, 2014, in Lagos within the jurisdiction of this court induced Olufolakemi Adelore to commit an offence, to wit accepting cash payment of the sum of $100, 000.
“That you Shasore on or about November 18, 2014, in Lagos within the jurisdiction of this court, in a transaction without going through a financial institution, made a cash payment of the sum of $100, 000.00 to Adelore through Auwalu Habu and Wole Aboderin, which sum exceeded the amount permitted by law and you thereby committed an offence contrary to sections 1 and 16 the Money Laundering Act, 2011 and punishable under Section 16 of the same Act.
“That you Shasore on or about November 18, 2014, in Lagos within the jurisdiction of this court, induced one Ikechukwu Oguine to commit an offence, to wit: accepting case payment of the sum of $100, 000. 00 without going through a financial institution, which exceeded the amount permitted by law and you thereby committed an offence contrary to Section 18 of the Money Laundering Act, 2011 and punishable under Section 16 of the same Act.”All rights reserved.
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