The Economic and Financial Crimes Commission (EFCC) and celebrity barman, Cubana Chief Priest, have reportedly agreed to settle the naira abuse charge slammed against the socialite out of court.

Recall that the socialite was arraigned before Justice Kehinde Ogundare on three counts bordering on abuse of naira, spraying and tampering with the nation’s currency at a social event.

The act, according to the EFCC, contravenes the provisions of the Central Bank Act of 2007.

The socialite was alleged to have sprayed the naira on February 13, 2024 at Eko Hotel.

Cubana Chief Priest was said to have also committed the offences while dancing during a social event.

He was, however granted a N10 million bail on Wednesday, April 17, by the Federal High Court in Lagos State.

The charge sheet filed on April 4, 2024, by EFFC’s prosecutor Rotimi Oyedepo (SAN) alongside seven other lawyers representing the chairman of the anti-graft agency reads:

“That you, Okechukwu Pascal on 13th Feb. 2024, at Eko Hotel, within the jurisdiction of the court, while dancing during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same for two hours, and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007”.

“That you Okechukwu Pascal sometime in 2020, in Lagos during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same for two hours, and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007.”

”That you Okechukwu Pascal sometime in January 2024, in Lagos during a social event, tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same and you thereby committed an offence, contrary to and punishable under Section 21(1) of the Central Bank Act 2007.”