News
Naira Abuse: Cubana Chief Priest Granted Bail
A businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, has been granted N10m bail with two sureties in like sum by the Federal High Court in Lagos State.
Recall that Cubana Chief Priest had pleaded not guilty to tampering and abusing the naira during his trial.
He was arraigned on Wednesday 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 was alleged to have sprayed the naira on February 13, 2024, at Eko Hotel.
He 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.
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