BREAKING: Obi Cubana Arrested by EFCC for Money Laundering

Popular Socialite and businessman, Obinna Iyiegbu, aka Obi Cubana, has been arrested by the Economic and Financial Crimes Commission (EFCC) for money laundering.

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The Anambra-born club owner, who arrived the headquarters of the EFCC at Jabi, Abuja, at about noon on Monday, is currently being interrogated by operatives of the commission.

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Though the allegations against the socialite were sketchy as of press time, a source says that his case borders on alleged money laundering and tax fr*ud.

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According to the source, “Obi Cubana was arrested and brought to the EFCC headquarters on Monday afternoon over allegations of money laundering and tax fr*ud. He is being grilled by detectives as we speak.”

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The EFCC spokesman, Wilson Uwujaren, said he was 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 kill€d.

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The lavish display of wealth set tongues wagging with many Nigerians wondering about his source of wealth.

Several celebrities, business people and politicians turned out in large numbers for the funeral.

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