Details of why EFCC arrested Obi Cubana has emerged.
Newsonline had earlier reported that the operatives of the Economic and Financial Crimes Commission (EFCC), Nigeria’s anti-graft agency, on Monday, November 1, arrested popular socialite and businessman, Obinna Iyiegbu, better known as “Obi Cubana“,
BREAKING: EFCC Arrests Obi Cubana Over Money Laundering
This online newspspaper understands that Obi Cubana, who arrived at the headquarters of the EFCC at Jabi, Abuja, at about noon on Monday, is currently being interrogated by EFCC operatives.
Though allegations against the Anambra-born club owner, were sketchy as of press time, the report quoted a source told Channels that his arrests 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.”
The EFCC spokesman, Wilson Uwujaren, said he has yet to be briefed on the development.
Newsonline Nigeria recalls that Obi Cubana made headlines when he hosted an ostentatious burial for his mother in Oba, Anambra State, southeast Nigeria in July 2021.
At the burial ceremony, 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, business people and politicians turned out in large numbers for the funeral.
