Breaking News: EFCC, Cubana Chief Priest to Settle Out of Court.

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The economic and financial crimes commission (EFCC) and popular celebrity barman, Pascal Okechukwu, known more commonly as “Cubana chief priest”, have agreed to settle the naira abuse charge slammed against the socialite out of court.

The out of court settlement was made known at the resumption of proceedings on Thursday, May 2nd, 2024.

A federal high court in Lagos state, had on Wednesday, April 17, granted Cubana chief priest ₦10 million bail with two sureties in like sum.

He was arraigned before justice Kehinde Ogundare on three counts bordering on abuse of naira, spraying and tampering with the nation’s currency at a social event contrary to the provisions of the central bank act of 2007.

At the resumption of proceedings, Mrs Bilikisu Buhari appeared for the prosecution while Chikaosolu Ojukwu (SAN) announced appearance for the defendant.

The defence counsel informed Justice Kehinde Ogundare that the parties were exploring settlement and have applied that the matter be settled pursuant to the provisions of Section 14(2) of the EFCC Act.

In her response, Mrs Buhari confirmed an ongoing discussion between both parties, but said that no decision had been made.

The defence counsel then applied to withdraw the preliminary objection, challenging the court’s jurisdiction.

Based on the development, Justice Ogundare adjourned the case to June 5 for a report of the settlement.

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