Another socialite, Bobrisky who was arraigned by the EFCC for abusing the Naira was not successful with his defence and got a six months jail sentence.
Nigerians have been cautioned by socialite Cubana Chief Priest to stay away from the Economic and Financial Crimes Commission (EFCC) as it was an unpleasant experience.
The nightlife promoter, who was once known as Pascal Okechukwu, has appeared in court twice to refute allegations that he mistreated Naira. The first time was on April 17 and May 2. After entering a not guilty plea, he was admitted to bail in the amount of N10 million with two sureties in the same amount.
The most recent event was the consent of Cubana Chief Priest to reach an out-of-court settlement with the EFCC.
Taking to Instagram after his second appearance in court, Okechukwu wrote, “Court day !! Problem No Good Oh, @officialefcc * No Dey Joke Oh !!!! Better Stay Away From Their Wahala, I’m Sure You Will Not Love To Pass Through This Kinda Stress I’m Passing Through.”
Another socialite, Bobrisky who was arraigned by the EFCC for abusing the Naira was not successful with his defence and got a six months jail sentence.
Opinion Nigeria reports that as per the Central Bank of Nigeria, CBN, some ways the Naira can be abused include:
1. Spraying: It is against the law to spray the Naira banknotes at occasions.
2. Writing: It is against the law to write on banknotes.
3. Stapling: It is against the law to staple the banknotes as the pins can cause corrosion of the banknotes.
4. Tearing: It is also against the law to tear the banknotes
5. Soiling: It is against the law to dance/stamp on the Naira banknotes. Do not stain the banknotes with oil or ink, as this is also a form of defacing.
6. Sale: It is against the law to sell currency banknotes.
7. Mutilation: A person who tampers with the Naira note or coin is guilty of an offence, punishable by law (CBN Act Section 21).
8. Rejection: It is against the law to reject the Naira (Section 20 subsection 5).
