Famous businessman and socialite celebrity Pascal Okechukwu, also known as Cubana Chief Priest, has pleaded not guilty for alleged naira abuse and granted bail of N10million naira.

He pleaded not guilty to the three-count charge filed against him by the Economic and Financial Crimes Commission before the Federal High Court in Lagos on Wednesday.

The anti-graft commission filed a three-count charge against the Cubana Chief Priest accused of abusing the naira at a social event, an act said to be contrary to the provisions of the Central Bank Act of 2007.

Cubana Chief Priest was arraigned before Justice Kehinde Ogundare on three counts bordering on abuse of naira by allegedly spraying and tampering with the nation’s currency at a social event, contrary to the provisions of the Central Bank Act of 2007.

He was alleged to have sprayed the naira on February 13, 2024, at Eko Hotel and committed the offences while dancing during a social event and tampered with funds in the denomination of N500 notes issued by the CBN by spraying the same for two hours.

After he pleaded not guilty, the court granted him bail for ₦10m with two responsible sureties in like sum who must be gainfully employed with the federal or state government and not less than grade level 16.

The sureties are to have landed property, and the court must verify the document.

Cubana Chief Priest must also submit his travel passport to the court’s custody.

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 later.

Failure to do so he will be remanded in a correctional facility.