Ifeolu Olumide
Ogunshakin
Solicitor
288655
Decision - Control of practice
Outcome: Condition
Outcome date: 4 April 2023
Published date: 4 May 2023
Firm details
Firm or organisation at time of matters giving rise to outcome
Name: Mayflower Law Ltd
Address(es): 8 The Wharf, 16 Bridge Street, Birmingham, B1 2JS
Firm ID: 533320
Outcome details
This outcome was reached by SRA decision.
Decision details
Ifeolu Ogunshakin’s practising certificate for 2022 / 2023 is subject to the following conditions:
- Mr Ogunshakin shall not act as a manager or owner of an authorised body.
- Mr Ogunshakin may not practise on his own account under regulation 10.2(a) or (b) of the SRA Authorisation of Individuals Regulations.
- Mr Ogunshakin may not act as a compliance officer for legal practice (COLP) or compliance officer for finance and administration (COFA) for any authorised body.
- Mr Ogunshakin may not hold or receive client money, or act as a signatory to any client or office account, or have the power to authorise transfers from any client or office account.
- Mr Ogunshakin shall not have responsibility for, or be involved in, the training or supervision of any employee of any authorised body.
- Mr Ogunshakin will pay in full, or enter into an instalment plan or other agreed outcome with the SRA for, the intervention costs of £80,300.69 prior to the renewal of his 2023/2023 practising certificate.
In these conditions the terms are as defined in the SRA Glossary.
Reasons/basis
The above conditions are necessary in the public interest. They are reasonable and proportionate having regard to the purposes set out in regulation 7 of the SRA Authorisation of Individuals Regulations, and the regulatory objectives and principles governing regulatory activities as contained in section 28 of the Legal Services Act 2007.