The Federal High Court sitting in Lagos State has granted businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief priest, N10 million bail with two sureties in like sum.
Cubana was arraigned before Justice Kehinde Ogundare on three counts of spraying and tampering with Naira notes during a social event in Lagos, contrary to the provisions of the Central Bank Act of 2007.
The Economic and Financial Crimes Commission (EFCC) operatives on Tuesday filed a three-count charge against the social media celebrity.
Cubana’s counsel pleaded the court to grant him bail on liberal terms due to his health condition, adding that he suffers palpitation due to his weight.
He urged the court to grant bail on very liberal terms to the defendant as he is a first offender with no past criminal records.
It will be recalled that the Federal High Court in Lagos, sentenced Bobrisky to six month in jail without an option of fine for Naira abuse.
The judge, Abimbola Awogboro, imposed the sentence after the controversial cross dresser pleaded guilty to four charges preferred against him.
The Economic and Financial Crimes Commission (EFCC) subsequently arraigned him on the 5th April,2024 at the Federal High Court in Lagos.
The judge, Mr awogboro said Bobrisky’s sentence would serve as a lesson for others intending to continue abusing the Naira.
“The act of mutilating the Naira notes has become a menace, which has continued to damage the country’s image.
“Enough of people mutilating and tampering with our currencies. It has to stop. His will serve as a deterrent to others,” the judge said.
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