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Breaking: Anambra Billionaire Business Mogul, Obi Cubana Released From EFCC Custody



The Anambra popular socialite and business mogul, Obinna Iyiegbu, fondly goes by the name Obi Cubana, has been released by the Economic and Financial Crimes Commission (EFCC).

The Anambra-born businessman, was earlier arrested on Monday and taken to the headquarters of the EFCC at Jabi, Abuja.

The said that he was released at about 1 p.m. on Tuesday.

The socialite is believed to be answering a case that hitches on alleged money laundering and tax fraud.

Recall that an EFCC source had told BBC Pidgin that the businessman was not arrested as widely reported.


The socialite was invited two weeks ago but only showed up yesterday, November 1, the source said.

“We did not arrest Obi Cubana. We had invited him over to our office two weeks ago, which he only showed up yesterday around 11am in our office at Wuse Zone 6 Abuja”

Meanwhile, Abba Bichi, the son of the director-general of the State Security Service, SSS, faulted the arrest of Obinna Iyiegbu, aka Obi Cubana, by EFCC.

Abba, a soccer buff and partygoer, posted Obi Cubana’s picture with the title: “A man of honour and dignity” on his verified Instagram page.

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