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Naira abuse: Court grants Cubana Chief Priest N10m bail

Ademola Damilola by Ademola Damilola
April 17, 2024
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Naira abuse: Court grants Cubana Chief Priest N10m bail
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The Federal High Court in Lagos State granted Pascal Okechukwu, widely known as Cubana Chief Priest, bail in the sum of N10 million with two sureties. Cubana Chief Priest had pleaded not guilty to charges of tampering and abusing the naira during his trial.

Before Justice Kehinde Ogundare, he faced three counts related to the alleged abuse of the nation’s currency by spraying and tampering with it at a social event, a violation of the Central Bank Act of 2007. The incident reportedly occurred on February 13, 2024, at Eko Hotel, where he allegedly sprayed naira notes during a dance performance.

According to the charge marked FHC/L/ 246/2024, Cubana Chief Priest was accused of tampering with funds in N500 denomination notes issued by the Central Bank of Nigeria during a social event in Lagos in 2020, spraying the notes for two hours. The Economic and Financial Crimes Commission (EFCC) secured the conviction of another celebrity, Idris Okuneye, popularly known as Bobrisky, on similar charges earlier in April.

The EFCC has stated its investigation into several celebrities for alleged abuse of Naira notes, emphasizing its commitment to upholding the law and warning the public against engaging in such activities.

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