Breaking: EFCC Allegedly Arrests Obi Cubana For Money Laundering and Tax Fraud

 

Breaking: EFCC Allegedly Arrests Obi Cubana For Money Laundering and Tax Fraud

Billionaire businessman, Obinna Iyegbu, best known as Obi Cubana, is said to have been arrested on Monday morning, 1st November, 2021, for alleged crimes of money laundering and tax evasion by Economic and Financial Crimes Commission (EFCC).

It was gathered that the EFCC took Obi Cubana to their headquarters at Jabi, Abuja, Nigeria at about noon on Monday.

A source in the commission said his case borders on alleged money laundering and tax fraud, that he was currently been interrogated by operatives of the commission. 

“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” report said.

"Obi Cubana made headlines in July when he hosted a talk-of-the-town funeral for his mother in Oba, Anambra State, in which over 200 cows were reportedly killed."

As we speak now, the Anambra-born tycoon, is yet to be released by the anti-crime agency as he is still being held captive in the commission’s facility for further interrogations.

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