The Economic and Financial Crimes Commission (EFCC) and celebrity barman Cubana Chief Priest have opted for an out-of-court settlement in the naira abuse case. This decision follows Cubana Chief Priest’s earlier plea of not guilty to the charges in April 2024.
While the specifics of the settlement remain undisclosed, the agreement was revealed during a recent court hearing. The resolution comes amid debates over the EFCC’s jurisdiction in prosecuting naira abuse cases, with legal experts pointing to the Central Bank of Nigeria’s role in such matters.
Cubana Chief Priest’s case is part of a broader trend involving high-profile individuals facing similar charges. The outcome of this settlement could potentially influence future naira abuse prosecutions and legal proceedings by the EFCC. Stay updated with Naijahotvibez Blog for the latest developments on this matter and more.
