Justice Kehinde Ogundare made the order after an application by Cubana Chief Priest’s lawyer, Mr. Chikaosolu Ojukwu, a Senior Advocate of Nigeria (SAN).

 

The ruling followed the defendant’s arraignment by the Economic and Financial Crimes Commission (EFCC) on a three-count charge of spraying and tampering with Naira notes at a social event contrary to the Central Bank Act of 2007. The three-count charge was filed on April 4 by Mr. Rotimi Oyedepo (SAN), and seven other lawyers representing the chairman of the EFCC.

 

Howeever, Justice Ogundare admitted Cubana Chief Priest to bail on terms, including a N10 million bail bond, a surety on grade level 16 in the civil service and he or she must be a landowner. 

The court also handed Cubana Chief Priest to his lawyer for 14 days pending the perfection of the bail conditions, failing which the defendant would be remanded in the Ikoyi Correctional Services Centre. 

 

Speaking on the development, a legal practitioner, Dr Yemi Omodele said it is long overdue for legal actions to be taken against people's act of disrespect for Nigeria currency.