Renowned celebrity bartender and entrepreneur, Pascal Okechukwu, famously known as Cubana Chief Priest, is currently in discussions with the Economic and Financial Crimes Commission (EFCC) regarding the allegation of Naira abuse brought against him by the anti-graft agency. The development arose following the charge filed by the EFCC at the Federal High Court in Lagos.
This potential out-of-court settlement indicates a shift in approach from the usual legal battles that often characterize such cases involving high-profile individuals.
By exploring this settlement option, Cubana Chief Priest is demonstrating a willingness to engage in dialogue and reach a mutually acceptable resolution, potentially avoiding a protracted court case.
His lawyer, Senior Advocate of Nigeria, Chikaosolu Ojukwu, disclosed this to trial judge, Justice Kehinde Ogundare at the proceedings on Thursday.
The denfence counsel apply for the matter to be settled under section 14(2) of the EFCC Act signifies a crucial legal strategy employed in cases involving the Economic and Financial Crimes Commission (EFCC). Section 14(2) of the EFCC Act grants the Commission the authority to enter into a plea bargain or settlement agreement with a person or entity implicated in financial crimes, with the aim of reaching a resolution outside of lengthy court proceedings.
The decision to seek settlement under section 14(2) can stem from various factors, including a desire to expedite the legal process, mitigate potential penalties, and potentially secure a more favorable outcome for the accused individual or organization.
This provision serves as a mechanism for promoting efficiency in the justice system while also allowing for the possibility of restitution and recovery of assets obtained through illicit means.
Chikaosolu said that if the EFCC confirms the position as true, then there will be a need to apply for a withdrawal of the defence’s preliminary objection to allow for a reconciliation.
Mrs. Bilikisu Buhari, the prosecutor from the Economic and Financial Crimes Commission (EFCC), acknowledged the stance presented by the defense counsel regarding an application under consideration. She informed the court that the Commission is carefully reviewing the application before reaching a decision.
The confirmation by Mrs. Buhari demonstrates a commitment to upholding the integrity of the judicial process and conducting a fair and transparent evaluation of the case at hand.
After the confirmation, the defense counsel promptly filed an application for the withdrawal of the preliminary objection. This strategic move was made in the absence of any objections from both the prosecution and the court, leading to the court granting the withdrawal without delay.
This development marks a significant turning point in the legal proceedings, showcasing the agility and adaptability of the defense team in responding to the evolving circumstances of the case. By securing the court’s approval for the withdrawal of the preliminary objection uncontested, the defense has effectively cleared the path for the case to progress to the next stage with a renewed sense of focus and determination.
Justice Ogundare subsequently adjourned the case until June 5, for a report of settlement.
On April 17, the EFCC arraigned Cubana Chief Priest before the court on a three counts of allegedly spraying and tampering with Naira notes during a social event at the Eko hotel in Lagos.
He had pleaded not guilty to the charge and was granted bail in the sum of N10m with two responsible sureties in like sum each.
The court’s ruling regarding the qualifications of sureties in cases involving the Federal or State Governments reflects a commitment to upholding the integrity and reliability of legal proceedings.
By requiring sureties to be gainfully employed with the government and holding a minimum rank of grade level 16 officers, the court aims to instill confidence in the fulfillment of obligations and ensure the proper functioning of the legal system.
The sureties are also to have landed property within the jurisdiction of the court and the documents of the property must be verified by the prosecution and the court.
He is also to submit his travel passport to the custody of the court.
The bail conditions must be perfected within seven days but in the meantime he was released to his lawyer who must give an undertaken to produce him in court for his trial. Failure to do so, he will be remanded in correctional facility.
In April, the anti-graft agency brought charges against the controversial cross-dresser Idris Okuneye, popularly known as Bobrisky, which eventually led to his sentencing of a six-month jail term. This development sheds light on the ongoing battle against corruption and financial crimes in the country.
