Nigeria News

BREAKING: Obi Cubana arrested over Money laundering

Socialite and businessman, Obinna Iyiegbu, aka Obi Cubana, has been arrested by the Economic and Financial Crimes Commission, EFCC.

The Anambra-born tycoon, who arrived the headquarters of the EFCC at Jabi Abuja at about noon on Monday, was still being interrogated by operatives of the Commission as at 10:30 pm.

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

When contacted, spokesman of the Commission, Wilson Uwujaren said he was yet to be briefed on the development.

It was unclear as at press time, if the businessman, who commands large followers across Nigeria, would sleep in EFCC cell or be released on bail to go home before daybreak.

Treasure Orokpo

A multi-talented individual with a passion for diverse fields, Treasure Orokpo is a trained journalist, skilled cook, and AI enthusiast. When she's not uncovering the latest stories, you can find her whipping up culinary creations in the kitchen and entertainment.

Recent Posts

AGF completes legal steps to free minors detained in #EndBadGovernance protests

The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has completed…

2 mins ago

I won’t attack Peter Obi, but truth must prevail – Doyin Okupe

Former presidential spokesperson Doyin Okupe has stated he would never disparage Peter Obi, the 2023…

12 mins ago

Content creation is so lucrative, I could buy four Lamborghinis – Josh2Funny

Nigerian skit maker Chibuike Josh Alfred, better known as Josh2Funny, has stated the lucrative nature…

14 mins ago

Petrol price hike: Focus on competition not monopolistic control – PETROAN challenges Dangote

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of…

16 mins ago

Black Market Dollar to Naira Exchange Rate Today 5th November 2024

The black market dollar to naira exchange rate for today, 5th November 2024, can be…

21 mins ago

Top Nigerian Newspaper Headlines For Today, Tuesday, 5th November, 2024

Good morning Nigeria. Welcome to the Naija News roundup of top newspaper headlines in Nigeria…

24 mins ago