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, 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.