Obi Cubana released after held for 24 hours in EFCC custody

 Obinna Iyiegbu (aka Obi Cabana) was, yesterday, released after spending about 24 hours in the custody of the Economic and Financial Crimes Commission, EFCC, in Abuja.

Onwumelu Valentine, the businessman’s friend and colleague, announced this via his Instagram page yesterday evening saying, “Thank u, Jesus!! @obi_cubana is free. We gat Jesus!!! Dis Dance is for all my fans. I love u all."

The 46-year-old nightlife promoter also confirmed his release in a terse post via his Instagram page, saying he remains unbroken."Okpataozueora! I love you all! Unbroken #manoftheyear2021,” he wrote.
It is understood that he was released on administrative bail. But, the anti-graft agency plans to prosecute Cubana for sundry economic and financial offences, the trial would not commence any time soon.

“The trial of the businessman and socialite is not taking place immediately. We will put all things in place before the prosecution begins,” the official hinted.

The officials also made known that there were many issues for which Obinna would be charged. Among the charges are those bordering on abuse of the naira, tax fraud and money laundering based on what the source called “verified business transactions.”

It will be recalled that the EFCC had on Monday invited the businessman to its head office to answer questions on sundry issues, which the agency merely classified as tax fraud and money laundering but declined to give specifics, apparently to avoid jeopardising the probe.

Comments

Post a Comment

Popular posts from this blog

Police announces reward for police officers killed in Zenith Bank robbery in Imo

The Commissioner of Police in Imo, Chris Ezike, said he had recommended posthumous promotion for two police officers who died while repelling robbery attack on a branch of Zenith Bank in Imo State. Mr. Ezike told the News Agency of Nigeria (NAN) in Owerri that another policeman, Otu Attang, who survived the Feb. 22, 2017 attack, would also be promoted with the deceased officers, Messrs Chukwudi Iboko and Sunday Agbo. Four armed men on that day, trailed a man to the bank in Owerri, and in the process, attacked police officers attached to the place. In the gun battle, the policemen killed one of the robbers identified as Ikechukwu Okpara, but lost Messrs Iboko and Agbo. Mr. Ezike said the recommendation followed the huge sacrifice the three officers made to save the bank and its customers. “The officers were gallant and showed serious commitment during the robbery attack. Nigeria Police Force cannot abandon them,” he said. The commissioner also said the management of the ban
Read more

BBNaija 2021: Big Brother Makes Final Decision On Angel, Pere's Eviction [Video]

  Unlike previous seasons that had only five housemates in the finals, Big Brother has decided to make the 'Shine Ya Eye' season have six. Recall that  Angel  and  Pere  were  fake evicted from the house on Sunday evening.  The duo was isolated in a secret 'white room' and  pitted against each other in a game of 'trucks and screwdriver'. After playing the game on Monday evening, Big Brother passed his verdict, giving Angel and Pere the chance to play in the finals. Big Brother said, "Clearly, you both put in the work. How will Big Brother reward your tenacity? "Why not give both of you a chance to play in the finals. After all, you've played the game excellently. "Housemates, you may pack your bags and get ready to return to the house." With this new development,  Whitemoney ,  Liquorose ,  Emmanuel ,  Cross , Angel and Pere are in the finals and one of them will walk home with the N90 million grand prize on Sunday.
Read more