Nigeria’s Federal High Court sitting in Lagos State, on Wednesday, granted businessman, socialite, and Instagram celebrity, Pascal Okechukwu, popularly known as Cubana Chief Priest, N10m bail with two sureties in like sum.
The defendant was arraigned before Justice Kehinde Ogundare 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 pleaded not guilty
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.
On Sunday, the EFCC revealed that it was probing several celebrities over alleged abuse of Naira notes.
In a statement, its spokesperson, Dele Oyewale, said: “Many of them have made useful statements to the commission and many more have been invited by investigators working on the matter.
“The EFCC will not relent in its no-sacred-cow mode of operations and the public should be wary of running afoul of laws against the crime.”