Popular socialite and businessman, Obinna Iyiegbu, better known as Obi Cubana, has reportedly been arrested by Economic and Financial Crimes Commission (EFCC) for money laundering.
According to ThePunch, the Anambra-born 46-year-old club owner, who arrived the headquarters of EFCC at Jabi, Abuja, at about noon on Monday, is being interrogated by operatives of the commission.
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The news outlet quoted a source as saying the case borders on 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.
As at the time of filing this report, EFCC spokesman, Wilson Uwujaren, said he has yet to be briefed on the development.
Read Also: DCP Abba Kyari Hits Anambra For Obi Cubana’s Mother’s Burial (Photos)
Recall that Obi Cubana made headlines in July when he organized a lavish burial for his mother in Oba, Anambra State, where creme de la creme of Nigerian socialites attended.
The event where over 200 cows were reportedly killed and cash was recklessly sprayed was the talk of the town for weeks.
The lavish display of wealth set tongues wagging with many Nigerians asking questions about his source of wealth.
Read Also: DCP Abba Kyari Gives Reason For Attending Obi Cubana’s Mother’s Burial
Several celebrities, business people and politicians turned out in large numbers for the funeral.
Ever since the funeral, he has been in the news for either traveling for vacation with his wife, buying her luxury items or launching a new business.
