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  • Updated: November 05, 2021

Obi Cubana Finally Released From EFCC Custody

Obi Cubana Finally Released From EFCC Custody

Obi Cubana In EFCC Custody

The Economic and Financial Crimes Commission (EFCC) has finally released billionaire businessman, Obinna Iyiegbu, popularly known as Obi Cubana.

Recall the Anambra-born club owner was arrested and taken to the headquarters of the anti-graft agency, Jabi, Abuja, on Monday, following allegations of money laundering and tax fraud.

AllNews Nigeria reports that Obi Cubana was released on Thursday evening after he had spent three days in detention undergoing interrogations.

According to the spokesman of the commission, Wilson Uwujaren, who confirmed the release to reporters on Thursday night, 

However, there are indications that the Obi Cubana would be summoned in future to defend himself in court over issues bordering on currency abuse, tax fraud and money laundering based on what a top source called ‘verified business transactions’.

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Zaccheus Ukhueleigbe
Zaccheus Ukhueleigbe

is a media and communications professional | digital media strategist. A proud Nigerian and an advo...

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