15 Talking Points About Cubana Chief Priest N10 Million Bail Conditions
Cubana Chief Priest, a prominent socialite and businessman, was recently granted bail by the Federal High Court in Lagos State, Nigeria.
The bail was set at N10 million, with two sureties required to match the amount.
Cubana Chief Priest, whose real name is Pascal Okechukwu, was charged with abusing the Nigerian currency, specifically by allegedly spraying and tampering with it during a social event.
The event in question took place on February 13, 2024, at Eko Hotel.
The charges against Cubana Chief Priest are in violation of the Central Bank Act of 2007.
He pleaded not guilty to the charges during his arraignment before Justice Kehinde Ogundare.
The alleged abuse involved tampering with funds in the denomination of N500 notes issued by the Central Bank of Nigeria.
Cubana Chief Priest reportedly sprayed the naira for two hours at the event, which is considered an abuse of the currency under Nigerian law.
The incident has sparked a debate on the cultural practice of spraying money at social events in Nigeria.
This case also highlights the legal implications and potential consequences of engaging in such practices.
The court’s decision to grant Cubana Chief Priest bail with conditions reflects the judicial process in Nigeria, where bail is often granted to defendants awaiting trial.
The two sureties required for the bail must also submit their international passports to the court.
The case has garnered significant attention on social media, with many Nigerians expressing their views on the matter.
This incident serves as a reminder to the public of the legal restrictions surrounding the handling of currency in Nigeria.
The trial of Cubana Chief Priest is ongoing, and the outcome will likely have implications for the cultural practice of spraying money at social events in Nigeria.
