EFCC Arrests Popular Socialite Obi Cubana

Obinna Iyiegbu, alias Obi Cubana, a well-known socialite and businessman, has been detained for money laundering by the Economic and Financial Crimes Commission.

The Anambra-born club owner, who arrived at the EFCC offices in Jabi, Abuja, about midday on Monday, is now being questioned by commission investigators.

Obi Cubana
Obi Cubana

Though the allegations against the socialite were sketchy at the time of publication, a source revealed that his case involves 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.”

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

Glamsquad magazine reports that Obi Cubana made headlines in July when he hosted an ostentatious burial for his 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, business people and politicians turned out in large numbers for the funeral.