Why EFCC arrested Obi Cubana


Obi Cubana (file photo)

By Valentine Amanze

The Economic and Financial Crimes Commission (EFCC) has arrested and quizzed Anambra State-born socialite and businessman, Obi Cubana, whose real name is Obinna Iyiegbu, for alleged money laundering and tax evasion.

The club owner was seen at the headquarters of the EFCC Jabi, Abuja office, at about noon on Monday undergoing interrogation by the operatives of the commission till late in the evening.

It was not however known whether he was detained or released as at press time.

When contacted, the  EFCC spokesman, Wilson Uwujaren, said that he was yet to be briefed on the development.

Obi Cubana made headlines in July when he hosted an ostentatious burial for his late 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.




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