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Showing posts with label Naira. Show all posts
Showing posts with label Naira. Show all posts

Naira Abuse: Court Adjourns Cubana’s Trial till June 5

Naira Abuse: Court Adjourns Cubana’s Trial till June 5


Justice  Kehinde Ogundare of the Federal High Court sitting in Ikoyi, Lagos, on Thursday,  May 2,  2024 adjourned further hearing in the trial of   Pascal Okechukwu, a.k.a. Cubana Chief till June 5,  2024.

Okejukwu was arraigned on Wednesday, April 17, 2024 by the EFCC on a three-count charge bordering on abuse of the Naira.


One of the counts reads: That you, Okechukwu Pascal, on 13th February, 2024, at Eko Hotel Hotel, Victoria Island, Lagos, within the jurisdiction of this Honourable Court, while dancing during a social event, tampered with funds in the denomination of N500(Five Hundred Naira) issued by the Central Bank of Nigeria by spraying, thereby committed an offence contrary to and punishable under Section 21(1) of the Central Bank Act, 2007.”


Another count reads: “That you, Okechukwu Pascal, sometime in 2020, in Lagos, within the jurisdiction of this Honorable Court, during a social event tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same for two hours and you thereby committed an offence contrary to and punishable under Section Section 21(1) of the Central Bank Act, 2007.”


At the resumed sitting of the court on Thursday, , Okechukwu  through his lawyer, Chikaosolu Ojukwu, SAN, told the court about a plan of his client to enter a plea bargain with the EFCC.


Ojukwu also sought to withdraw his  earlier preliminary objection filed on April 24, 2024, challenging the jurisdiction of the court to entertain the charge. "In the interest of justice, we are urging the court to strike out the motion because the prosecution has not responded to it,” he said.


The prosecution counsel did not oppose the withdraw of the application.


Consequently, Justice Ogundare struck out the application, having been withdrawn by the defence, and also  adjourned the case till June 5, 2024.


Source: EFCC 


Justice  Kehinde Ogundare of the Federal High Court sitting in Ikoyi, Lagos, on Thursday,  May 2,  2024 adjourned further hearing in the trial of   Pascal Okechukwu, a.k.a. Cubana Chief till June 5,  2024.

Okejukwu was arraigned on Wednesday, April 17, 2024 by the EFCC on a three-count charge bordering on abuse of the Naira.


One of the counts reads: That you, Okechukwu Pascal, on 13th February, 2024, at Eko Hotel Hotel, Victoria Island, Lagos, within the jurisdiction of this Honourable Court, while dancing during a social event, tampered with funds in the denomination of N500(Five Hundred Naira) issued by the Central Bank of Nigeria by spraying, thereby committed an offence contrary to and punishable under Section 21(1) of the Central Bank Act, 2007.”


Another count reads: “That you, Okechukwu Pascal, sometime in 2020, in Lagos, within the jurisdiction of this Honorable Court, during a social event tampered with funds in the denomination of N500 (Five Hundred Naira) issued by the Central Bank of Nigeria by spraying same for two hours and you thereby committed an offence contrary to and punishable under Section Section 21(1) of the Central Bank Act, 2007.”


At the resumed sitting of the court on Thursday, , Okechukwu  through his lawyer, Chikaosolu Ojukwu, SAN, told the court about a plan of his client to enter a plea bargain with the EFCC.


Ojukwu also sought to withdraw his  earlier preliminary objection filed on April 24, 2024, challenging the jurisdiction of the court to entertain the charge. "In the interest of justice, we are urging the court to strike out the motion because the prosecution has not responded to it,” he said.


The prosecution counsel did not oppose the withdraw of the application.


Consequently, Justice Ogundare struck out the application, having been withdrawn by the defence, and also  adjourned the case till June 5, 2024.


Source: EFCC 

Is There any Integrity left in Buhari Led Regime? Vanity and wastes on protocol

Is There any Integrity left in Buhari Led Regime? Vanity and wastes on protocol


Normally, the president moves around with a convoy of 23 vehicles, eight armored Mercedes, two BMW 7 series armored, one Range Rover armored assorted SUVS with a pick up used by FRSC.


What about Presidential jets, have they been sold or converted to Nigeria Air Ways as Mr integrity said period his election victory and assumption of office?


The Senate President and his deputies use convoys of about 10 expensive vehicles that include Mercedes S500 armoured, two jeeps,two security vehicles,and other SUVs for aides. 


The speaker uses two S600 V12 Mercedes, two Land Cruisers,two Hilux for security, one Camry LE and Peugeot 508. There are two despatch riders. 


Ministers use 4 vehicles, Land Cruisers and. Prado SUV,one of them armoured.  


The IG of police moves with 22 convoys, two of them armoured BMWs 7 series.


All state governors, use Toyota Land cruiser or Lexus ( bullet proof) jeeps in convoys of about 20 vehicles. 


The nation does not produce cars, does not produce tire,does not produce spare parts and does not refine crude oil, and yet we complain of falling value of the Naira against the Dollar.







#RevolutionNow #BuhariMustGo



Normally, the president moves around with a convoy of 23 vehicles, eight armored Mercedes, two BMW 7 series armored, one Range Rover armored assorted SUVS with a pick up used by FRSC.


What about Presidential jets, have they been sold or converted to Nigeria Air Ways as Mr integrity said period his election victory and assumption of office?


The Senate President and his deputies use convoys of about 10 expensive vehicles that include Mercedes S500 armoured, two jeeps,two security vehicles,and other SUVs for aides. 


The speaker uses two S600 V12 Mercedes, two Land Cruisers,two Hilux for security, one Camry LE and Peugeot 508. There are two despatch riders. 


Ministers use 4 vehicles, Land Cruisers and. Prado SUV,one of them armoured.  


The IG of police moves with 22 convoys, two of them armoured BMWs 7 series.


All state governors, use Toyota Land cruiser or Lexus ( bullet proof) jeeps in convoys of about 20 vehicles. 


The nation does not produce cars, does not produce tire,does not produce spare parts and does not refine crude oil, and yet we complain of falling value of the Naira against the Dollar.







#RevolutionNow #BuhariMustGo


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