The Federal High Court in Lagos has struck out Naira abuse charges against Cubana Chief Priest following a settlement agreement with the EFCC. Learn why the charges were dismissed and what the terms of the settlement entail.
The Federal High Court in Lagos has struck out charges against popular celebrity bartender Pascal Okechukwu, known as Cubana Chief Priest, over alleged Naira abuse. The decision came after both parties reached a settlement agreement.
Background on the Case
Cubana Chief Priest was arraigned by the Economic and Financial Crimes Commission (EFCC) on April 17, facing a three-count charge related to spraying and tampering with Naira notes during a social event at Eko Hotel in Lagos. He pleaded not guilty and was granted bail for N10 million.
Path to Settlement
On May 2, the defense counsel, Chikaosolu Ojukwu (SAN), informed the court that both parties were working towards a settlement under section 14(2) of the EFCC Act. Consequently, the court scheduled the case for June 5 to report on the settlement progress.
However, due to the absence of the defense counsel on June 5, the hearing was postponed to June 25.
Final Court Proceedings
When the case resumed, prosecution counsel Bilikisu Buhari and defense counsel Chikaosolu Ojukwu presented the terms of settlement, which were dated June 24. Both parties adopted the settlement terms, leading to the dismissal of the charges.
Terms of Settlement
Key elements of the settlement agreement included:
The defendant, Cubana Chief Priest, must enter into a bond with the EFCC to exhibit good behavior and avoid any economic and financial crimes.
He is required to conduct intensive campaigns against the abuse of Naira notes, posting at least two video clips bi-monthly on his social media platforms.
Cubana Chief Priest agreed to pay a sum not less than N10 million to the consolidated revenue fund of the Federation.
In light of this agreement, the court struck out the charges and issued a caution to Cubana Chief Priest.
Implications
This ruling highlights the court’s willingness to resolve cases through settlements, especially when the defendant commits to corrective actions. The outcome underscores the importance of adhering to legal provisions concerning the handling of Naira notes and sets a precedent for similar cases in the future.
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