Obi Cubana Released By EFCC, Sends Message To Fans

Chief Executive Officer and Founder of the Cubana Group has spoken after being released by the Economic and Financial Crimes Commission, EFCC.

The anti-graft agency reportedly arrested him on Monday after he was invited over allegations of tax fraud and money laundering.

Obi Cubana was released on Tuesday afternoon after almost 24 hours of being interrogated by the EFCC.

He took to social media to express gratitude to those who showed concern about.

Sharing a photo of himself, the businessman wrote;

“Okpataozueora! I love you ALL!!… UNBROKEN

manoftheyear2021″

See his post below:

It is understood that he was released on administrative bail.

But, a top source explained that although the anti-graft agency plans to prosecute Cubana for sundry economic and financial offences, the trial would not begin 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.

Asked why the trial would not commence at once, the source said there were many issues for which Obinna would be charged.

However, sources have it that the Economic and Financial Crimes Commission, reportedly confiscated his passport.

It was gathered that the seizure of his travel document was to prevent him from leaving the country while under investigation.

A source said:

“…As part of investigation, his travel document has been temporarily seized pending the conclusion of investigations.”