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Naira abuse: Cubana Chief Priest, EFCC explore out-of-court settlement

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Cubana Chief Priest News

EFCC,Naira

A Federal High Court in Lagos has fixed June 5 for a report of settlement in a case against celebrity bartender, Pascal Okechukwu, popularly known as Cubana Chief Priest, over alleged abuse of the naira.

The Economic and Financial Crimes Commission had on April 17 arraigned Okechukwu on three counts of allegedly spraying and tampering with the naira notes during a social event at Eko Hotel in Lagos State. He had pleaded not guilty to the charge and was granted bail in the sum of N10 million. Justice Kehinde Ogundare had then adjourned the case until May 2, for hearing of the preliminary objection and trial.

NAN reports that the defence counsel informed the court that the parties were exploring a settlement and have applied that the matter be settled pursuant to the provisions of Section 14 of the EFCC Act. He told the court that if the prosecution confirmed the position as true, there would be a need to apply for a withdrawal of the defence’s preliminary objection and allow for a reconciliation.

 

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