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EFCC Arrest Obi Cubana For Subsidisation

Obi Cubana Regains Freedom From EFCC Custody

EFCC Arrest Obi Cubana For Subsidisation






Global News Reports That Socialite and businessman, Obinna Iyiegbu, aka Obi Cubana, has been arrested by the Economic and Financial Crimes Commission, EFCC.



EFCC Arrest Obi Cubana For Subsidisation



The Anambra-born club owner, who arrived at the headquarters of the EFCC at Jabi, Abuja, at about noon on Monday, was undergoing interrogation by the operatives of the commission as of the time of filing this report.






Though allegations against the socialite were sketchy as of press time, a source disclosed that his case borders on alleged money laundering and tax fraud.







The source said, “Obi Cubana was arrested and brought to the EFCC headquarters on Monday afternoon over allegations of money laundering and tax fraud. He is being grilled by detectives as we speak.”






It was unclear as at press time, if the businessman, who commands large followers across Nigeria, would sleep in EFCC cell or be released on bail to go home before daybreak.






The EFCC spokesman, Wilson Uwujaren, said he had yet to be briefed on the development.





Obi Cubana made headlines in July when he hosted an ostentatious burial for his late mother in Oba, Anambra State, in which over 200 cows were reportedly killed.









The lavish display of wealth set tongues wagging with many Nigerians wondering about his source of wealth.







Several celebrities, businesspeople and politicians turned out in large numbers for the funeral.

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