BREAKING: EFCC Withdraws Naira Abuse Suit Against Cubana Chief Priest

A Federal High Court in Lagos has ruled in favour of celebrity bartender, Pascal Okechukwu, popularly known as Cubana Chief Priest, by granting a motion by the Economic and Financial Crimes Commission (EFCC) to discontinue its suit against him. The court’s decision comes after both parties revealed they were exploring a settlement in the matter. During the May 2 seating, the defense counsel, Mr. Chikaosolu Ojukwu (SAN), informed the court that parties were exploring a settlement, and the matter was adjourned until June 5 for a report on the settlement. The court then adjourned the case until June 5 (today) for report of settlement. However, on Wednesday, the defense requested an adjournment, and the case was fixed for June 25 for mention. Cubana Chief Priest is accused of tampering with N500 denomination funds while dancing at the social event. This the EFCC said contraves the Central Bank Act of 2007. He was later arraigned on April 17 on a three-count charge bordering on Naira Abuse.

Naira Abuse Charge: Cubana Chief Priest pleads not guilty ….granted 10m bail

A businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, on Wednesday, pleaded not guilty to tampering and abusing the naira. Cubana Chief Priest was arraigned before Justice Kehinde Ogundare of the Federal High Court in Lagos on three counts bordering on abuse of naira by allegedly spraying and tampering with the nation’s currency at a social event, contrary to the provisions of the Central Bank Act of 2007. He was alleged to have sprayed the naira on February 13, 2024, at Eko Hotel. Cubana Chief Priest was said to have also committed the offences while dancing during a social event. He was said to have tampered with funds in the denomination of N500 notes issued by the CBN by spraying the same for two hours.