Olasupo Shasore, former Attorney General of Lagos State. [Credit: Channels TV programme;" Reviewing Olasupo Shasore's 'A Platter Of Gold' With Aduke Gomez Pt3"]Despite being accused of sabotaging the federal government’s legal contest against the British Virgin Island’s firm, P&ID Limited, Olasupo Shasore, a Nigerian lawyer, also got another $2m arbitration deal on behalf of the government in 2019, PREMIUM TIMES has found.
This led to an arbitration request in 2012 after all efforts at amicable resolution ended in a fiasco. PREMIUM TIMES reported how the Nigerian government secured a judgement of the British court to suspend the unfavourable ruling on Friday by giving it more time to prepare its defense.According to Ross Cranston’s judgement on Friday, the federal government accused Mr Shasore of non-disclosure of his involvement in the case to members of his law firm and running it through a different firm, Twenty Marina Solicitors, through which he obtained a legal fee of $2million.
In fact, in a briefing note for the Economic and Financial Crimes Commission , Folakemi Adelore, head of the legal unit of the petroleum resources ministry, criticised Mr Shasore’s strategy in the arbitration. It was for a new arbitration job awarded to Mr Shashore, two years after he defaulted on releasing necessary materials to Mr Ayorinde and at a time the Buhari-led administration was conducting an investigation into the controversial P&ID saga owing to the interim report by EFCC.
For the new arbitration job, Mr Kyari directed the immediate payment of $450,000, being the initial sum of the professional fees, to Mr Shasore while the remaining sum was to be paid subsequently.