News BarrelNews Barrel
  • News
  • Politics
  • Business
  • Entertainment
  • Metro
  • Sports
  • Education
  • More
    • Health
    • Society
    • Tech
    • About Us
    • Contact Us
Facebook Twitter Instagram
Trending
  • Minister of State For Health, Others To Commission Landmark Projects in FMC Abeokuta As Prof. Musa Olomu Bows out
  • Musa-Olomu Reels Out Trailblazing Achievements As Two Term MD FMC
  • Provision of Portable Water Remains One of Our Top Priorities – Ogun Govt
  • Abiodun Congratulates Akinola, New Southwest Development Commission Boss
  • FUTI: SENATOR ADEOLA YAYI SALUTES PRESIDENT FOR APPROVING UNIVERSITY IN OGUN WEST
  • Diesel Explosion: No Cause for Alarm, Says Ogun Govt
  • Abeokuta to Host Groundbreaking Women’s Legacy Event Honouring Ẹgba Icons
  • From Lagos Streets to UK Stages: COWBELL is the New Face of African Comedy
Facebook Twitter LinkedIn Pinterest RSS
News BarrelNews Barrel
Leaderboard Ad
  • News
    Featured
    May 23, 20250

    Minister of State For Health, Others To Commission Landmark Projects in FMC Abeokuta As Prof. Musa Olomu Bows out

    Recent
    May 23, 2025

    Minister of State For Health, Others To Commission Landmark Projects in FMC Abeokuta As Prof. Musa Olomu Bows out

    May 23, 2025

    Musa-Olomu Reels Out Trailblazing Achievements As Two Term MD FMC

    May 21, 2025

    Provision of Portable Water Remains One of Our Top Priorities – Ogun Govt

  • Politics
    Featured
    May 2, 20230

    Religion Politics Will Destroy Nigeria, Declares Youths Group

    Recent
    May 2, 2023

    Religion Politics Will Destroy Nigeria, Declares Youths Group

    March 1, 2023

    President Buhari Congratulates Tinubu ,says Nigeria Democracy is ripening

    February 27, 2023

    Ogun Guber Poll: One More Road to Cross for Dapo Abiodun

  • Business
    Featured
    March 23, 20230

    EFCC Arraigns FCMB Bank Manager, 2 Others For N55m Fraud in Makurdi…

    Recent
    March 23, 2023

    EFCC Arraigns FCMB Bank Manager, 2 Others For N55m Fraud in Makurdi…

    January 5, 2023

    2023 Election: INEC Receives Last Batch Of BVAS Machines 

    January 5, 2023

    Court Halts Removal Of  INEC Chairman Over Asset Declaration

  • Entertainment
    Featured
    May 19, 20230

    CEO Pelican Valley puts smiles on faces of inmates as he celebrates 44th birthday

    Recent
    May 19, 2023

    CEO Pelican Valley puts smiles on faces of inmates as he celebrates 44th birthday

    January 5, 2023

    2023 Election: INEC Receives Last Batch Of BVAS Machines 

    January 5, 2023

    Court Halts Removal Of  INEC Chairman Over Asset Declaration

  • Metro
    Featured
    March 12, 20241

    Breaking Barriers: Sunday Okorie’s Global Engineering Odyssey

    Recent
    March 12, 2024

    Breaking Barriers: Sunday Okorie’s Global Engineering Odyssey

    November 15, 2023

    Ogun Organises Conference For Alternate, Complementary Medicine Practitioners

    January 5, 2023

    2023 Election: INEC Receives Last Batch Of BVAS Machines 

  • Sports
    Featured
    January 5, 20230

    2023 Election: INEC Receives Last Batch Of BVAS Machines 

    Recent
    January 5, 2023

    2023 Election: INEC Receives Last Batch Of BVAS Machines 

    January 5, 2023

    Court Halts Removal Of  INEC Chairman Over Asset Declaration

    January 5, 2023

    Nigeria’s Debt May Hit N77trn By May 2023, Says DMO

  • Education
    Featured
    Recent
  • More
    • Health
    • Society
    • Tech
    • About Us
    • Contact Us
News BarrelNews Barrel
You are at:Home » Naira abuse: Court grants Cubana Chief Priest N10m bail

Naira abuse: Court grants Cubana Chief Priest N10m bail

0
By News Barrel on April 17, 2024 News

The Federal High Court in Lagos State, on Wednesday, granted businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, N10m bail with two sureties in like sum.

Earlier, the celebrity bar man pleaded not guilty to tampering and abusing the naira during his trial.

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.

He was alleged to have sprayed the naira on February 13, 2024, at Eko Hotel.

Cubana Chief Priest was said to have also committed the offences while dancing during a social event.

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.

In the charge marked FHC/L/ 246/2024, obtained by press, the Economic and Financial Crimes Commission alleged that sometime in 2020, during a social event in Lagos, Cubana Chief Priest tampered with funds in the denomination of N500 issued by the Central Bank of Nigeria, by spraying the same for two hours.

In Count 3, it was alleged: “That you, Okechukwu Pascal, sometime in January 2024, in Lagos during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007.”

The EFCC, on April 5, 2024, secured the conviction of popular cross-dresser, Idris Okuneye, also known as Bobrisky, on similar charges for which he was sentenced to six-month imprisonment on Friday, April 12, 2024.

Earlier on Sunday, the EFCC revealed that it was probing several celebrities over alleged abuse of Naira notes.

In a statement, its spokesperson, Dele Oyewale, said, “Many of them have made useful statements to the commission and many more have been invited by investigators working on the matter.

“The EFCC will not relent in its no-sacred-cow mode of operations and the public should be wary of running afoul of laws against the crime.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
News Barrel
  • Website
  • Twitter

Newsbarrelng is a credible online news source built on the tenets of standard journalism practice, which upholds the principle of fairness, accuracy, transparency and balance.

Related Posts

Minister of State For Health, Others To Commission Landmark Projects in FMC Abeokuta As Prof. Musa Olomu Bows out

Musa-Olomu Reels Out Trailblazing Achievements As Two Term MD FMC

Provision of Portable Water Remains One of Our Top Priorities – Ogun Govt

Leave A Reply Cancel Reply

© 2025 The News Barrel. Designed by DeedsTech.

Type above and press Enter to search. Press Esc to cancel.