I Will No Longer Spray Money at Occasions Because of EFCC, Says Cubana Chief Priest
Popular Nigerian socialite and businessman, Cubana Chiefpriest, has announced that he will no longer spray money at social gatherings, citing the Economic and Financial Crimes Commission (EFCC)’s crackdown on money laundering.
In a social media post, Chiefpriest revealed that he had a close call with the law last year and was nearly jailed, which has made him rethink his habit of spraying money at events.
He warned his fellow celebrities and businessmen to desist from the practice, stating that the EFCC is serious about enforcing anti-money laundering laws.
According to Chiefpriest, the EFCC has been issuing invitation letters to individuals who have been spraying money at events, and he advised those who have received such letters to honor them promptly.
He emphasized that the days of spraying money at events are over, and it’s time for people to be more responsible with their finances.
Chiefpriest’s announcement has sparked a debate on social media, with some people praising him for being honest and responsible, while others have criticized him for being hypocritical. Some have pointed out that Chiefpriest has been known for his lavish spending and money-spraying antics in the past, and that his sudden change of heart may be a result of the EFCC’s increased scrutiny.
The EFCC has been cracking down on money laundering and financial crimes in Nigeria, and has arrested several high-profile individuals, including politicians, businessmen, and celebrities, for allegedly laundering money or engaging in other financial crimes.
Chiefpriest’s warning has also raised concerns about the impact of the EFCC’s crackdown on the entertainment industry, where money spraying is a common practice. Some event organizers and promoters have expressed worries that the new development may affect the livelihoods of artists and entertainers who rely on money spraying as a form of payment or appreciation.
In response to the controversy, the EFCC has reiterated its commitment to enforcing anti-money laundering laws and encouraged individuals to report any suspicious financial transactions. The commission has also warned that it will not hesitate to prosecute anyone found guilty of money laundering or other financial crimes.