Justice Kehinde Ogundare of the Federal High Court sitting in Lagos Tuesday, June 25, 2024, struck out the charge of naira abuse filed against celebrity bartender, Pascal Okechukwu, popularly known as Cubana Chief Priest, by the Economic and Financial Crimes Commission (EFCC).
The judge also directed Okechukwu to forfeit the sum of
N10million to the Federal Government as part of an out-of-court deal the
defendant agreed with the EFCC in lieu of the charge.
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 entered 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 af this agreement.”
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