Cubana Chief Priest Seeks Out-of-Court Settlement with EFCC Over Naira Abuse Charges

Pascal Okechukwu, widely known as Cubana Chief Priest, a prominent celebrity bartender and businessman, is currently exploring the possibility of an out-of-court settlement regarding the charges of Naira abuse brought against him by the Economic and Financial Crimes Commission (EFCC). This development unfolded during the proceedings at the Federal High Court sitting in Lagos, where Cubana Chief Priest’s lawyer, Senior Advocate of Nigeria Chikaosolu Ojukwu, revealed the ongoing discussions.

According to Chikaosolu Ojukwu, both parties have initiated steps to settle the matter amicably, as per the provisions of section 14(2) of the EFCC Act. This move signifies a potential resolution to the legal dispute, pending confirmation from the EFCC.

During the court session, the defence counsel expressed the intention to withdraw the preliminary objection filed by the defence, paving the way for a possible reconciliation process. The EFCC prosecutor, Mrs Bilikisu Buhari, confirmed the discussions and informed the court that the Commission was assessing the application for settlement.

Upon receiving confirmation of the ongoing settlement discussions, the defence counsel proceeded to withdraw the preliminary objection, which received no objections from the prosecution. Consequently, Justice Kehinde Ogundare granted the withdrawal and adjourned the case until June 5 for a progress report on the settlement talks.

Cubana Chief Priest was previously arraigned by the EFCC on three counts related to allegedly spraying and tampering with Naira notes during a social event at Eko Hotel in Lagos. He pleaded not guilty to the charges and was granted bail under specific conditions, including a bail sum of N10 million and the provision of sureties meeting certain criteria, such as being gainfully employed within the government sector and possessing verifiable landed property.

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Failure to meet the bail conditions within the stipulated period could result in his remand in a correctional facility. The ongoing efforts for an out-of-court settlement mark a significant development in the legal proceedings, indicating a potential resolution to the case outside of a formal trial.

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2 Comments on “Cubana Chief Priest Seeks Out-of-Court Settlement with EFCC Over Naira Abuse Charges”

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