CUBANA CHIEF PRIEST TO FORFEIT ₦10MILLION NAIRA TO FEDERAL GOVERNMENT OVER CAMPAIGN AGAINST NAIRA MUTILATION.
The Federal High Court sitting in Lagos has ordered celebrity bartender and business man, Pascal Okechukwu popularly known as Cubana Chief Priest to forfeit the sum of ₦10m to the Federal Government as a fine in lieu of the charge made against him for alleged abuse of the Naira.
This was contained in the terms of a settlement agreement with the Economic and Financial Crimes Commission (EFCC) which was adopted before the trial judge, Justice Kehinde Ogundare on Tuesday.
At the proceedings, counsel for the EFCC, Bilkisu Buhari-Bala, informed the court that parties in the charge entered into the out-of-court settlement and the same was duly signed by both parties.