Celebrity barman, Pascal Okechukwu aka Cubana Chief Priest and the Economic and Financial Crimes Commission (EFCC) have agreed to settle the naira abuse charges slammed against him out of court.
The judge adjourned the case until May 2, 2024, for a hearing of the preliminary objection and trial.
The trial of the socialite and business continued at the Federal High court in Lagos on Thursday, May 2.
When the matter was called, Cubana Chief Priest’s counsel, Chikaosolu Ojukwu (SAN) informed the court that the parties are exploring settlement and have applied that the matter be settled under the provisions of Section 14(2) of the EFCC Act.
EFCC’s prosecution counsel, Mrs Bilikisu Buhari, confirmed that the parties were discussing a settlement and that the application was still being considered.
The counsel to the defendant suggested the 5th of June for report of settlement, subject to the overriding confidence of the court, which the judge, Justice Kehinde Ogundare agreed to for the hearing of report of settlement.
Recall that the EFCC on April 16 filed three count charges against Chief Priest for the alleged spraying and tampering of the Naira at an event at Eko Hotel on February 13th 2024, an event in Lagos in January 2024 and another event in 2020. He was then arraigned before Justice Kehinde Ogundare on April 17.
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When the charges were read during court sitting, Chief Priest pleaded not guilty. He was then granted bail in the sum of N10 million with two responsible sureties in like sum and ordered that the bail conditions must be perfected within seven days.
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