₦airaland Forum

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 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 same was duly signed by both parties.

The defendant’s counsel, Senior Advocate of Nigeria, Chikaosolu Ojukwu commended the reasonable action of the anti-graft agency in having the matter resolved. He said the defendant is equally remorseful and promises to turn over a new leaf going forward.

Ojukwu also said that the consequences of the settlement is for the court to dismiss the charge.

Justice Ogundare in his short ruling adopted the terms of settlement and consequently struck out the charge.

The terms of settlement agreement pursuant to Section 14 (2) of the EFCC Establishment Act, 2004, read:

“The agreement applies only to the findings relating to contraventions of the law contained tn the pending charge preferred against the defendant.

“The defendant thall enter into a bond with the EFCC to be of good behaviour and never indulge in any Economic and Financial Crime or related offences.

“The Defendant shall engage in rigorous and intensive sensitisation and/or campaign against the abuse of coins and notes issued under the CBN Act as legal tender.

“The defendant shall bi-monthly post on his various social media handles a minimum of two video clips of his sensitisation/campaign against abuse of naira and sundry offences.

“The Defendant shall pay to the consolidated revenue fund of Federation such sum not below the sum of Ten million naira (N10,000,000:00) only upon the execution of this agreement.”

Source: https://www.channelstv.com/2024/06/25/cubana-chief-priest-to-forfeit-%E2%82%A610m-to-fg-campaign-against-naira-mutilation/

Not unexpected.

Not shocking.

immortalcrown:
Not unexpected.

Not shocking.

We Cover Everything In Nigeria My Brother.

Trust he prefers this to kirikiri

Go and sin no more

[quote author= post=130652146]We Cover Everything In Nigeria My Brother.[/quote]... except good news. 😀

immortalcrown:
... except good news. 😀

Na Where, Man, Dey Work, Na Only There, Him Dey See Him Food, Take Chop, My Brother.

This is fair enough in my opinion. He has been punished and a technical legal leash placed on him.

That N10million na chicken change for am

Interesting...

I strongly suspect there was a deal that went wrong, in which CCP is paying for right now. They wanted to deal with him but he was humble enough to retrace his steps ..

Na cabals get Nigeria, just like the way cartels get south america...

Yhh

gigabyte13:
Bobrisky would have preferred this
But The He-She was not given option.
Better than languishing in jail.
Nigerian prison is not a place to experience at all at all

AntiChristian:


Bobrisky no get money?

This one no better pass Jail?

femimailbox:
There is more to bobrisky incarceration then

rowland545:
So bob the risky nko.....y dem no make am forfeit money instead of the beans way e day chop so...


My mind is telling me dis thing pass naira mutilation....dem wan bring out the masculinity in bob....

Bob went to jail because he has no good close friend,
Truth be told...
If Bob and Tonto are still friend during the time he went to court, Tonto would have safe Bob's ass with the help of her politicians friends
Connections matters


Meanwhile.....

So bob the risky nko.....y dem no make am forfeit money instead of the beans way e day chop so...


My mind is telling me dis thing pass naira mutilation....dem wan bring out the masculinity in bob....

For a man saying money na water, I think it's a better deal than being Bobriisky 2.0

[/b]“The Defendant shall engage in rigorous and intensive sensitisation and/or campaign against the abuse of coins and notes issued under the CBN Act as legal tender.

“The defendant shall bi-monthly post on his various social media handles a minimum of two video clips of his sensitisation/campaign against abuse of naira and sundry offences.

“The Defendant shall pay to the consolidated revenue fund of Federation such sum not below the sum of Ten million naira (N10,000,000:00) only upon the execution of this agreement.”[b]

See stress, no wonder Bobrisky sharperly enter prison

this guys don't really have respect for national symbols.

Money na water. money is a must have here

Why does he need to forfeit the N10 million since he did not jump bail?

Ok money good

Them no suppose gree for am!

Cos if na Bobrisky pay and Cubana was jailed those people go talk ehn!

There is more to bobrisky incarceration then

Hmm

rowland545:
So bob the risky nko.....y dem no make am forfeit money instead of the beans way e day chop so...


My mind is telling me dis thing pass naira mutilation....dem wan bring out the masculinity in bob....

Dem wan deal with Bobrisky

Hahahaha.na just 10naira to am. Al the while we felt Bob who has always been risky was rich,we never k ew he was a poor rat just making noise like portable. Hahahahaha. E go pain am die,chief priest dey attend wedding ,he go still pay,while foolish Bob rots In smelly jail.hahahahaha

The guy is very annoying. He likes to hang around celebrities in order to be relevant.

Bobrisky no get money?

This one no better pass Jail?

tobenuel:
“The Defendant shall engage in rigorous and intensive sensitisation and/or campaign against the abuse of coins and notes issued under the CBN Act as legal tender.

“The defendant shall bi-monthly post on his various social media handles a minimum of two video clips of his sensitisation/campaign against abuse of naira and sundry offences.

“The Defendant shall pay to the consolidated revenue fund of Federation such sum not below the sum of Ten million naira (N10,000,000:00) only upon the execution of this agreement.”

See stress, no wonder Bobrisky sharperly enter prison

From day one I knew that the 10 millionaire he paid was for his freedom. Nigeria laws are flexible so if you are someone the government hate then you will go for it.

He made a deal