Cubana Chief Priest, EFCC agrees to settle naira abuse case out of court

The Economic and Financial Crimes Commission (EFCC) and businessman, Pascal Okechukwu well known as Cubana Chief Priest have reached an agreement to settle the naira abuse charge against the celebrity barman outside of court.

The out-of-court settlement was disclosed when the proceedings resumed on Thursday.

Recall that Cubana Chief Priest was arraigned before Justice Kehinde Ogundare on three counts related to the abuse of naira, spraying, and tampering with the nation’s currency.

The court had granted Cubana Chief Priest a N10 million bail with two sureties after he pleaded not guilty to the allegations.

At the resumption of proceedings, Mrs Bilikisu Buhari appeared for the prosecution while Mr Chikaosolu Ojukwu (SAN) announced an appearance for the defendant.

The defense counsel informed the court that the parties were exploring settlement and have applied for the matter to be settled pursuant to the provisions of section 14(2) of the EFCC Act.