HomeNewsBREAKING: Cubana Gets N10m Bail, Challenges Trial By EFCC

BREAKING: Cubana Gets N10m Bail, Challenges Trial By EFCC

Lagos socialite and Instagram personality, Pascal Chibuike, popularly known as Cubana Chief Priest, has raised objection in court to his prosecution by the Economic and Financial Crimes Commission (EFCC) over alleged naira abuse.

At Cubana’s arraignment on Wednesday, his Defence Counsel Chukosolo Ojukwu told the Ikoyi Federal High Court in Lagos an application opposing the trial had been filed.

The defendant pleaded not guilty to the charge and also filed an application for bail.

The court later granted him bail in the sum of N10 million, with two sureties in like sum.

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.

According to the court, his actions were 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.

Prosecutors said Cubana Chief Priest committed the offences while dancing during a social event.

The celebrity bar man was said to have tampered with funds in the denomination of N500 notes issued by the CBN by spraying the same for two hours non-stop.

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