Just In: EFCC Arrests Obi Cubana For Money Laundering, Tax Fraud

Obinna Iyegbu aka Obi Cubana

By Tonia Okereke

King of the night life, Obinna Iyiegbu, better known as Obi Cubana has been arrested by the Economic and Financial Crimes Commission (EFCC) for money laundering. 

Obi who is the brain behind the Cubana Group arrived the headquarters of the EFCC at Jabi, Abuja, at about noon on Monday, with Punch reporting that he is was interrogated late into Monday night.

A source at the agency said the Anambra born showbiz personality’s case borders on alleged money laundering and tax fraud.

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.”

EFCC spokesman, Wilson Uwujaren, told Punch he has yet to be briefed on Obi’s arrest.

Obi recently buried his mother in grand style, but the display of wealth during the burial generated a major debate on the source of wealth of the businessman and his free-spending friends.


Be the first to comment

Leave a Reply

Your email address will not be published.