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Naira abuse: Cubana Chief Priest, EFCC explore out-of-court settlement

A Federal High Court in Lagos has scheduled June 5 for a report on the settlement in the case against celebrity bartender Pascal Okechukwu, known as Cubana Chief Priest, over alleged abuse of the naira.

The Economic and Financial Crimes Commission EFCC had on April 17 arraigned Okechukwu on a three-count charge for allegedly spraying and tampering with the naira notes during a social event at Eko Hotel in Lagos State.

The defense counsel informed the court that the parties were exploring a settlement and have applied that the matter be settled under the provisions of Section 14(2) of the EFCC Act.

He told the court that if the prosecution confirmed the position as true, there would be a need to apply for a withdrawal of the defense’s preliminary objection and allow for a reconciliation. The court granted the same as both sides consider a resolution.

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