Ms Olamide Aleshinloye

Olamide Aleshinloye

Lawyer biography

Practice Area:

  • International and Domestic Arbitration
  • Alternative Dispute Resolution
  • Banking & Finance
  • Oil & Gas
  • Employment Dispute
  • Commercial and General Litigation
  • Company & Commercial Matters

Olamide Aleshinloye graduated from Obafemi Awolowo University, Ile-Ife, Nigeria and was called to the Nigeria Bar in 2012. She is also a Member of the Chartered Institute of Arbitrators (MCIArb).

Olamide has worked in several law firms before joining Sofunde Osakwe Ogundipe & Belgore. As an Associate in the Dispute Resolution Group of the firm of Sofunde Osakwe Ogundipe & Belgore, Olamide is an impressive litigator with a penchant for thoroughness and paying attention to details. From time to time, she offers result-oriented legal advice to clients and derives satisfaction from exceeding clients' expectations.


White Collar Crime

Public Complaints and Anti-corruption Commission Law 2021
Nigeria | 14 June 2021

The Lagos State House of Assembly recently passed the Public Complaints and Anti-corruption Bill. According to the state government, the objective of the law is to deepen the culture of accountability and transparency in the expenditure of appropriated public funds generated in Lagos. However, there is speculation that its real intention is to protect high-profile individuals presently being prosecuted or investigated by federal agencies in relation to alleged offences concerning Lagos state assets.

Sentencing of Obinwanne Okeke and restitution for his victims
Nigeria | 29 March 2021

Obinwanne Okeke was recently sentenced in the United States for computer and wire fraud and ordered to forfeit various assets. The question raised by the forfeiture order is how likely it is to be enforced by the US government. Following Okeke's arrest, the Federal High Court ordered the forfeiture of funds stated to have been located in his Nigerian bank accounts. However, these sums were ordered to be forfeited to the Nigerian government and it is unclear whether, or how, they will be paid to the US government.

Lagos Division of the Court of Appeal rules that ex parte disclosure orders are constitutional
Nigeria | 14 December 2020

The Lagos Division of the Court of Appeal recently confirmed the constitutionality and validity of the Lagos High Court's granting of a proprietary injunction along with orders directing the defendants to swear to and file affidavits stating the location, nature and value of all assets that represented or were derived from the proceeds or fruits of certain transactions. The court pointed out that the rights guaranteed in the Constitution are not absolute and can be curtailed to protect the rights of other persons.

Yet another anti-corruption agency?
Nigeria | 19 October 2020

The federal government recently announced its intention to establish yet another anti-corruption agency. Given the ongoing accounting and management controversies surrounding assets which have reportedly been recovered by the existing agencies, there is reason to view this announcement with a degree of suspicion. If there is one thing that Nigeria does not need, it is another bureaucratic organ dealing with these matters.

Court issues forfeiture orders against property belonging to alleged corrupt public official
Nigeria | 05 October 2020

In July 2020 the Federal High Court ordered the interim forfeiture of assets allegedly belonging to former Nigerian Social Insurance Trust Fund (NSITF) Chair Ngozi Olejeme. Despite this recovery step, the question remains as to why it took the Economic and Financial Crimes Commission so long to discover Olejeme's alleged connection to these particular assets. Since she left office, the NSITF has allegedly been deprived of more than N69 billion that could have been invested for the benefit of insured employees.

War against corruption in public sector
Nigeria | 13 July 2020

In June 2019 the Economic and Financial Crimes Commission (EFCC), as part of its investigation into the affairs of a former state governor, reported that it had frozen a number of bank accounts alleged to belong to the former governor which contained suspected public funds. In 2020 the EFCC reported that, to date, a total of N7.9 billion had been recovered from these accounts and more than N5.7 billion had been returned to the state government.

Possible fallout from Obinwanne Okeke's guilty plea to US charges
Nigeria | 06 July 2020

Nigerian entrepreneur Obinwanne Okeke has pleaded guilty to a computer-based intrusion fraud scheme. More than $11 million is said to have been traced to the ring, and it has been claimed that Okeke used proceeds from these activities to establish legitimate business enterprises in Nigeria. This follows from reports in 2019 that the Federal High Court in Lagos ordered that N280,500,000 in two bank accounts in Okeke's name be forfeited to the Nigerian government.