The Federal High Court in Lagos State granted businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, bail in the sum of N10 million with two sureties.
Cubana Chief Priest pleaded not guilty to charges of tampering and abusing the naira during his trial.
He was arraigned before Justice Kehinde Ogundare on three counts of abusing the naira by allegedly spraying and tampering with the currency at a social event, contrary to the Central Bank Act of 2007.
The alleged incident occurred on February 13, 2024, at Eko Hotel, where he was said to have sprayed naira notes while dancing.
The Economic and Financial Crimes Commission (EFCC) also accused Cubana Chief Priest of similar offenses during a social event in 2020, where he allegedly sprayed funds in N500 notes issued by the Central Bank of Nigeria for two hours.
The EFCC recently secured the conviction of popular cross-dresser, Idris Okuneye, known as Bobrisky, on similar charges. The EFCC has stated that it is investigating several celebrities over alleged abuse of Naira notes.