EFCC: Obi Cubana arrested for alleged money laundering, tax fraud
The Economic and Financial Crimes Commission(EFCC) has arrested popular socialite and businessman, Obi Cubana on alleged money laundering charges.
Born Obinna Iyiegbu, Obi Cubana arrived the headquarters of the EFCC at Jabi, Abuja, at about noon on Monday and he is currently being interrogated by operatives of the commission.
Don’t miss!EFCC breaks into BBNaija Dorathy’s house
The Punch reports that a source disclosed that the Obu Cubana’s case borders on alleged money laundering and tax fraud.
“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.”
When contacted, the EFCC spokesman, Wilson Uwujaren, said he had yet to be briefed on the development.
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 shocked Nigerians and set tongues wagging with people speculating about his source of wealth.
Several celebrities, business people and politicians turned out in large numbers for the funeral.