Nigerian businessman, Obi Iyiegbu, better known as Obi Cubana has finally been released from the custody of the Economic and Financial Crimes Commission (EFCC) after spending three (3) nights of acute questioning.
Recall that the Anambra-born entrepreneur was arrested on Monday, 1st November over alleged money laundering and tax fraud.
The following day, 2nd November, news about his release made the rounds on social media, but a few hours later the anti-graft agency stated that he’s still in their custody.
They revealed that the billionaire hasn’t been granted bail due to his inability to meet up with his bail conditions.
However, according to reports, Obi Cubana was released on the evening of 4th November
It is also presumed that the socialite will be summoned in future to defend himself in court over issues bordering on currency abuse, tax fraud and money laundering.
Jadrolita quickly responded to comedian Isbae U in a video. Isbae U had made a comment about her for sharing… Read More
Yinka Ayefele has taken a strong stand amid the anger from many online users. The singer is calling for an… Read More
Portable appeared to be enjoying himself in Canada, as seen in the photos he posted. Recall that Portable had announced… Read More
Alex Iwobi is focused on encouraging youth through football and music. He recently dropped his second track, ‘What’s Luv?’, featuring… Read More
Iyabo Ojo and her daughter Priscilla are creating wedding excitement with their recent video. After getting engaged, the couple confirmed… Read More
Nigerian billionaire Chief Ugonna Osinachi Orabuchi, who led Teka Group Ltd, was reportedly interred in a casket valued at about… Read More
This website uses cookies.