Businessman and socialite, Pascal Okechukwu popularly known as Cubana Chief Priest has been arraigned by the Economic and Financial Crimes Commission (EFCC) for allegedly abusing the country’s currency.
The Federal High Court in Lagos State also granted him bail for the sum of N10m bail with two sureties in like sum after not guilty to commiting the offense.
The celebrity bar man pleaded not guilty to tampering with and abusing the naira during his trial.
Cubana Chief Priest was accused of committing the offences while dancing at a social event. He was alleged to have sprayed the naira on February 13, 2024, at Eko Hotel.
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.
Cubana Chief Priest 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.