BREAKING: EFCC, Cubana Chief Priest agree to out-of-court settlement as anti-graft agency withdraws naira abuse suit.

*Cubana in court today

By Pathfinder Reporter
Wednesday June 5, 2024
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A Federal High Court in Lagos has agreed to the request of out-of-court settlement explored by the Economic and Financial Crimes Commission (EFCC) and celebrity bartender, Pascal Okechukwu, popularly known as Cubana Chief Priest,in the naira abuse suit filed by the anti-graft agency against the celebrity.

The court today granted a motion by the EFCC to discontinue the suit against him.

POLITICS NIGERIA reports that the court’s decision comes after both parties revealed they were exploring a settlement in the matter.

During the May 2 seating, the defense counsel, Mr. Chikaosolu Ojukwu (SAN), informed the court that parties were exploring a settlement, and the matter was adjourned until June 5 for a report on the settlement.

The court then adjourned the case until June 5 (today) for a report of settlement. However, on Wednesday, the defense requested an adjournment, and the case was fixed for June 25 for mention.

Cubana Chief Priest is accused of tampering with N500 denomination funds while dancing at a social event. This the EFCC said contraves the Central Bank Act of 2007.

He was later arraigned on April 17 on a three-count charge bordering on Naira Abuse.

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