Four Days After, EFCC Finally Releases Obi Cubana

By Uche Mbah

Four days after the Economic and Financial Crimes Commission, EFCC arrested and detained Obinna Iyiegbu, popular as Obi Cubana, he was finally released from custody Thursday evening.

EFCC Spokesman, Wilson Uwujaren, confirmed Cubana’s released Thursday evening.

It is not public, yet, the terms of his release, but speculation is that he could be invited again and/or prosecuted in a Court.

Obi Cubana was  arrested on Monday, November 1, 2921, by the anti-graft body, but apart from hints that he is being questioned over tax issues and money laundering, no specific reasons were given for his arrest.

A couple of days ago, reports of his release rent the air in the Social Media. It was reinforced by a friend of his who confirmed it. But it was later found to be false.

Sources claiming to be close to the commission had also said that he had been granted bail but was yet to meet his bail conditions.

All turned out to be false. At the time the story of his release was making the rounds, he had neither been released, nor given bail. He was still being interrogated  on issues bordering on, alleged, tax fraud, currency abuse and money laundering, speculations say.

Cubana came into limelight when he buried his mother with pomp and pageantry, literally making nonsense of money in different currencies along  with his friends.

His arrest generated lots of reactions, especially, among Igbo groups and celebrities.