A Federal High Court sitting in Ikoyi, Lagos on Tuesday, June 25, struck out the suit against celebrity bartender, Pascal Okechukwu (Cubana Chief Priest) over alleged abuse of the Naira.
Justice Kehinde Ogundare struck out the charge following the adoption of terms of settlement between parties to the suit.
He had pleaded not guilty to the charge and was granted bail in the sum of N10 million.
At the last adjourned date on May 2, defence counsel, Chikaosolu Ojukwu (SAN), informed the court that parties were exploring settlement and applied that the matter be settled pursuant to the provisions of section 14(2) of the EFCC Act.
Following the position, the defence counsel then applied for a withdrawal of a preliminary objection filed by defence, and since there was no objection from the prosecution, the court granted the same.
