EFCC grills Obi Cubana over money laundering

The Economic and Financial Crimes Commission (EFCC) has detained Obi Cubana, the Abuja-based business mogul, for alleged money laundering.

The 46-year-old socialite arrived at the headquarters of the EFCC at Jabi on Monday where he is undergoing interrogation.

When reacting, a top source at the EFCC confirmed that the case against the Anambra-born nightlife promoter, borders on alleged money laundering and tax fraud.

Obi Cubana, whose real name is Obinna Iyiegbu, become a viral sensation after he buried his mother, who died in December last year, in grand style.

The entrepreneur has featured in comedy skits and snagged numerous recognition.

He had earlier revealed why he threw a lavish funeral ceremony in honour of his late mother and also defended his open display of wealth.

“I don’t have time for people who want to tell me how to spend the money that I made through my own efforts. It’s waste of time replying to such people. They’re only criticising me because they don’t want others to succeed,” he said.

“We didn’t plan it (the burial) this way. It’s not about money. Money couldn’t have gotten us such a huge crowd, it was out of the goodwill that I enjoy from the public.”

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