According to his pos via his Instagram handle , Effcc release Obi Cubana


Nigerian businessman and socialite, Obinna Iyiegbu popularly known as Obi Cubana has been released from the custody of the Economic and Financial Crimes Commission (EFCC).


According to several reports, the flamboyant businessman was released on administrative bail.


The businessman has since taken to his Instagram page where he hinted about his release.


Obi Cubana was arrested on Monday, November 1, 2021, by the EFCC.


According to Punch, his 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,” a source told Punch.

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