Updated: EFCC Interrogates Obi Cubana for Money Laundering, 2 Other Offences

Updated: EFCC Interrogates Obi Cubana for Money Laundering, 2 Other Offences

  • An EFCC source has said popular businessman and socialite, Obinna Iyiegbu, aka Obi Cubana, was invited, not arrested
  • Earlier media reports which also cited EFCC sources had stated that the anti-graft agency arrested the socialite
  • Obi Cubana who reportedly arrived the headquarters of the anti-graft agency around noon on Monday, November 1, is said to be undergoing interrogation
  • The nightlife entrepreneur is allegedly being grilled over alleged money laundering, though the EFCC spokesman said he had not been briefed

Wuse Zone 6, Abuja - Popular socialite and entrepreneur, Obinna Iyiegbu, widely known as Obi Cubana, has been interrogated by the Economic and Financial Crimes Commission (EFCC) for money laundering.

A BBC News Pidgin report stated that an EFCC source Obi Cubana was not arrested but invited to the commission's office at Wuse Zone 6 Abuja.

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The source said the socialite was invited two weeks ago but showed up at the commission's office at Wuse Zone 6 Abuja on Monday, November 1.

Earlier media reports which also cited EFCC sources had stated that the anti-graft agency arrested the socialite.

EFCC Reportedly Arrests Obi Cubana in Abuja for Alleged Money Laundering
The EFCC has allegedly detained Obi Cubana, Abuja-based business mogul and socialite, for alleged money laundering. Photo credit: Obi Cubana
Source: Facebook

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Offences Obi Cubana is being probed for

According to the source cited by BBC News Pidgin, the EFCC is investigating Obi Cubana for Evasion of Tax by the Cubana group, the socialite's company.

The source said other charges he is being quizzed about include money laundering and and abuse of Naira in public places.

Obi Cubana set tongues wagging in July when he hosted a talk-of-the-town burial for his mother in Oba, Anambra state, where over 200 cows were allegedly killed.

It is not currently clear if the abuse of naira charge is related to the spraying of money during the burial.

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So far, Obi Cubana has spent more than 24 hours in the custody of the EFCC. BBC News Pidgin stated that the commission has said it will need to charge him to court if there is a need to hold the businessman up to 48 hours.

It was also gathered that the source said Obi Cubana will be released before 48 hours if the commission finds him innocent of the charges he is being probed for.

The Punch also reported that the Anambra-born club owner was currently being interrogated by operatives of the commission.

Though allegations against the socialite were sketchy, the newspaper cited a source as disclosing that his case borders on alleged money laundering and tax fraud.

The source was quoted to have 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.”

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However, the EFCC spokesman, Wilson Uwujaren, said he has yet to be briefed on the development, Premium Times also stated.

God has been good to us: Obi Cubana, E-money, others sing and dance on private jet as they gush over wealth

Earlier, Legit.ng reported that Obi Cubana and other socialites such as E-Money, KCEE, and others recently lit social media up with their celebratory videos as they sang and danced praises to God.

In clips shared on their different pages, the billionaire businessmen were all seen on a private jet eating, singing and dancing. The group of men sang only praise songs to God and appeared to be celebrating something big.

Taking to his social media page, Obi Cubana accompanied his video with a caption where he explained that it was pay day. According to him, it is how to behave when he wins with his brothers.

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Explainer: Two main reasons why Obi Cubana was arrested by EFCC in Abuja

Obi Cubana gives success tips in video

In another report, Obi Cubana recently shared success tips with Nigerians aspiring to greatness.

The billionaire businessman said in an interview that people who want to be successful should never stop working hard towards achieving such goal. He said social media made it look like he became a successful man overnight, adding that his business has been in existence for 13 years.

According to Obi Cubana, the attributes people aspiring to greatness must have include patience, diligence, being hardworking and having integrity.

Source: Legit.ng

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