Obi Cubana Lands In EFCC Net 3 Months After Throwing Lavish Party For Mum

By Akinwale Kasali

Night club entrepreneur and socialite, Obinna Iyiegbu popular as Obi Cubana has been arrested by the Economic and Financial Crimes Commission, EFCC.

The magazine learnt that Cubana, who rose to social media prominence after he threw a massive party last year during the burial ceremony of his late mother, was arrested by officials of the anti-graft agency and he’s still being grilled at the headquarters of the Commission as at the time of filing this report.

“His lawyers are doing everything to ensure he leaves EFCC custody before tomorrow morning. Obi Cubana is a free Nigeria whose legitimate business is well known to many. Yes, the EFCC has the power to invite anybody for questioning, but you cannot punish somebody on a mere suspicion that he has committed a crime,” one of his close associates told the magazine on Monday.

Before his arrest by the EFCC earlier today, calls have been made for his prosecution over the manner the naira was sprayed and abused during his mother’s burial in Anambra state last July.

According to Section 21 of the CBN Act, 2007, a person who tampers with a coin or note issued by the apex bank risks imprisonment for a term not less than six months or a fine not less than N50,000 or to both.

In spite of the alleged infractions against the Nigerian currency, the CBN failed to enforce the law, rather it said the socialite can only be prosecuted by the EFCC.

“If a celebrant is dancing and you spray him/her, you may go to jail from the party venue, because the law enforcement agents will be there, waiting to arrest you.

“It is the duty of the law enforcement agencies to catch offenders and take them to court. Our (CBN) collaboration with the police will intensify as we move to implement the mobile court for offenders,” Okorafor reportedly said in a statement published by the News Agency of Nigeria,” Isaac Okorafor, CBN spokesperson at the time said in a statement.

It’s however uncertain whether it was on that basis that the Cubana was arrested by the EFCC. When contacted, spokesman of the Commission, Wilson Uwujaren said he was yet to be briefed on the development.