Alleged Money Laundering: EFCC Arrests Obi Cubana
The Economic and Financial Crimes Commission, EFCC has arrested popular socialite and businessman, Obinna Iyiegbu, also known as Obi Cubana, over allegations of money laundering and tax fraud.
The Anambra-born tycoon arrived the headquarters of the EFCC at Jabi Abuja at about noon on Monday, November 1, 2021.
At the time of filing this report, the Anambra-born tycoon was still being interrogated by operatives of the Commission.
Though allegations against the socialite were sketchy as of press time, a source with knowledge on the matter told the Guardian that his case borders on money laundering and tax fraud.
Spokesman of the Commission, Wilson Uwujaren, however, said he was yet to be briefed on the development.
The businessman became more popular after he and his group of rich friends turned his mum’s burial into a ‘money carnival’ in Oba, Anambra state.