The Economic and Financial Crimes Commission (EFCC) has reportedly arrested popular socialite and businessman, Obinna Iyiegbu, aka Obi Cubana, over alleged money laundering.
The Anambra-born club owner, was said to have arrived at the headquarters of the EFCC at Jabi, Abuja, at about noon on Monday.
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Although the Spokesman of the Commission, Wilson Uwujaren, said he was yet to be briefed on the development, a source disclosed that his case is connected to alleged money laundering and tax fraud.
Obi Cubana made headlines in July when he hosted an ostentatious burial for his late mother in Oba, Anambra State, in which over 200 cows were reportedly killed.
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The lavish display of wealth set tongues wagging with many Nigerians questioning his source of wealth.
His sudden rise to fame has also seen him feature in comedy skits.
Iyiegbu graduated from the University of Nigeria, Nsukka in 1998, with a degree in Political Science.
In an interview he granted BBC Pidgin after his mother’s burial, Obi Cubana said he could not secure a job after he completed the National Youth Service Corps.
“After undergoing my compulsory National Youth Service Corps (NYSC) programme in Abuja, I started searching for a job all to no avail,” he said.
“That made me start some small jobs and from there I became a real estate agent. I usually get five percent of every task that is successfully executed. It was along the line that I and my colleagues met a man who asked us to help him furnish his house.”
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