Obi Cubana Breaks Silence After His Release From EFCC Custody

Nigerian billionaire Obinna Iyiegbu, aka Obi Cubana, has broken silence hours after his release from the custody of the Economic and Financial Crimes Commission.

VerityNews earlier reported that Obi Cubana was arrested by the Economic and Financial Crimes Commission for money laundering on Monday, 1st November 2021. 

The Anambra-born club owner, who arrived at the headquarters of the EFCC at Jabi, Abuja, at noon on Monday, was interrogated by operatives of the commission.

A source in the EFCC disclosed that Obi Cubana’s case borders on alleged money laundering and tax fraud. Since then, several reactions have been trailing on arrest by many Nigerians and friends of the socialite.

However, Obi Cubana was released on Tuesday afternoon, 2nd November 2021, after being interrogated for several hours.

Sharing a photo of himself after his release from EFCC custody, Obi Cubana expressed love for everyone who had reached out to him, adding that he’s unbroken.

He wrote: Okpataozueora! I love you ALL!! UNBROKEN!!! manoftheyear2021.

It was recalled that Obi Cubana held a lavish funeral for his mother, Ezinne Iyiegbu, in Oba, Anambra State in July.

Since the talk-of-the-town burial, Obi Cubana has become an inspirational grass-to-grace figure appearing in interviews where he told stories of how he started in a one-room apartment as a fresh graduate undergoing the mandatory national youth service in Abuja in 1999.

He told BBC Pidgin that he started as an estate agent and made his first N1 million through a house furnishing contract he got at that time.

Today, he sits atop sprawling investments in entertainment, hospitality, real estate, among others.