• About
  • Advertise
  • Contact
Tuesday, July 1, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Crime

Naira Abuse : EFCC, Cubana Chief Priest Opt For Out -of -court Settlement

Vital News by Vital News
May 2, 2024
in Crime, Judiciary
0
Naira Abuse : EFCC, Cubana Chief Priest Opt For Out -of -court Settlement
Share on FacebookShare on Twitter

The Economic and Financial Crimes Commission (EFCC) and Cubana Chief Priest, aee working to settle out – of – court in a case of naira abuse filed before a Lagos Federal High Court.

His lawyer, Senior Advocate of Nigeria, Chikaosolu Ojukwu, disclosed this to trial judge, Justice Kehinde Ogundare at the proceedings on Thursday.

The defence counsel also told the court that parties have applied that the matter be settled pursuant to the provisions of section 14(2) of the EFCC Act.

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.

The EFCC prosecutor, Mrs Bilikisu Buhari, confirmed the position as stated by the defence counsel and told the court that the Commission was still considering the application.

RelatedStories

Defamation: Popular Ibadan Female Islamic Scholar, Kafilat Kaola, Remanded In Kwara Prison

Chief Judge Drags Osun State Attorney General, Wole Jimi – Bada Before LPDC Over Alleged Misconduct

Ex-International Footballer, Four Others In NDLEA Net For Cocaine Smuggling

NJC Orders Compulsory Retirement Of 10 Imo Judges Over Age Falsification

Following this confirmation, the defence counsel then applied for a withdrawal of the preliminary objection and with no objections from the prosecution and the court granted same.

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- count of 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 said the sureties must be gainfully employed with the Federal Government or State Government and must not be less than grade level 16 officers.

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.
Advertisement

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.

Cubana was accused of abusing the naira on February 13, 2024 at Eko Hotel. (vitalnewsngr.com)

 

Tags: abuseCubanaEFCCnaira
Previous Post

Heavy Rains Persist In Kenya, Floods Death Rises To 188

Next Post

More Than Two Years After, Community Raises N135mln To Bring Home Corpse Of Late Former Senate President , Joseph Wayas

Vital News

Vital News

RelatedStories

Defamation: Popular Ibadan Female Islamic Scholar, Kafilat Kaola, Remanded In Kwara Prison
Judiciary

Defamation: Popular Ibadan Female Islamic Scholar, Kafilat Kaola, Remanded In Kwara Prison

June 30, 2025
Chief Judge Drags Osun State Attorney General, Wole Jimi – Bada Before LPDC Over Alleged Misconduct
Judiciary

Chief Judge Drags Osun State Attorney General, Wole Jimi – Bada Before LPDC Over Alleged Misconduct

June 30, 2025
Ex-International Footballer, Four Others In NDLEA Net For Cocaine Smuggling
Crime

Ex-International Footballer, Four Others In NDLEA Net For Cocaine Smuggling

June 29, 2025
Gender Equity In Judiciary : Lagos, Kano Lead In Female Judge Appointments
Judiciary

NJC Orders Compulsory Retirement Of 10 Imo Judges Over Age Falsification

June 27, 2025
Report Of Missing 3,907 Firearms Misleading – Police
Crime

4 Arrested With Pistol, Cutlass, Charms In NANS Branded Vehicle In Osun

June 27, 2025
Next Post
More Than Two Years After, Community Raises N135mln To Bring Home Corpse Of Late Former Senate President , Joseph Wayas

More Than Two Years After, Community Raises N135mln To Bring Home Corpse Of Late Former Senate President , Joseph Wayas

Lagos Contributes 20% Of Nigeria’s GDP, Remains Strong Economically Despite Currency Fluctuations – Commissioner

Lagos Contributes 20% Of Nigeria's GDP, Remains Strong Economically Despite Currency Fluctuations - Commissioner

Media Support Groups Mark 2024 World Press Freedom Day, Urge Governments To Protect Media Freedom

Media Support Groups Mark 2024 World Press Freedom Day, Urge Governments To Protect Media Freedom

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

I  Will Subdue The Lion, Win Kogi Guber Election , Dino Melaye Boasts

I Will Subdue The Lion, Win Kogi Guber Election , Dino Melaye Boasts

2 years ago

Sani Toro, others released by kidnappers

3 years ago

Transport Infrastructure Worth N80bln Affected By Floods – FG

3 years ago
Kano Tomato Farmers In Shock, Lose N1.5bln To Pest Attacks

Kano Tomato Farmers In Shock, Lose N1.5bln To Pest Attacks

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu Women
No Result
View All Result

Highlights

Dangote Spends N720bln To Acquire 4,000 CNG Trucks, Begins Free Distribution Of Fuel August 15

Nigeria’s Army Generals : Battle -Tested Leaders In An Age Of Complex Warfare By Williams Charles Oluwatoyin PhD

Ajia Turbaned As Dan Amanar Of Fune Emirate Amid Royal Grandeur

A PLEA FOR CONFLICT RESOLUTION AS A PANACEA FOR NATIONAL INTEGRATION – Taiye Olaniyi

Ex-International Footballer, Four Others In NDLEA Net For Cocaine Smuggling

Prominent Businessman, Alhaji Aminu Dantata Dies At 94

Trending

Defamation: Popular Ibadan Female Islamic Scholar, Kafilat Kaola, Remanded In Kwara Prison
Judiciary

Defamation: Popular Ibadan Female Islamic Scholar, Kafilat Kaola, Remanded In Kwara Prison

by Vital News
June 30, 2025
0

An Upper Area Court in Ganmo, Kwara State, has ordered the remand of a popular Islamic scholar,...

Excitement As Aliko Dangote Foundation Distributes Free Rice In 30 Host Communities

Excitement As Aliko Dangote Foundation Distributes Free Rice In 30 Host Communities

June 30, 2025
Chief Judge Drags Osun State Attorney General, Wole Jimi – Bada Before LPDC Over Alleged Misconduct

Chief Judge Drags Osun State Attorney General, Wole Jimi – Bada Before LPDC Over Alleged Misconduct

June 30, 2025
Dangote Spends N720bln To Acquire 4,000 CNG Trucks, Begins Free Distribution Of Fuel August 15

Dangote Spends N720bln To Acquire 4,000 CNG Trucks, Begins Free Distribution Of Fuel August 15

June 29, 2025
Nigeria’s Army Generals : Battle -Tested Leaders In An Age Of Complex Warfare By Williams Charles Oluwatoyin PhD

Nigeria’s Army Generals : Battle -Tested Leaders In An Age Of Complex Warfare By Williams Charles Oluwatoyin PhD

June 29, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Defamation: Popular Ibadan Female Islamic Scholar, Kafilat Kaola, Remanded In Kwara Prison June 30, 2025
  • Excitement As Aliko Dangote Foundation Distributes Free Rice In 30 Host Communities June 30, 2025
  • Chief Judge Drags Osun State Attorney General, Wole Jimi – Bada Before LPDC Over Alleged Misconduct June 30, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In