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    Obi Cubana Regains Freedom After 72Hrs in EFCC Custody

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    Emerging report indicate that popular socialite and businessman, Obinna Iyiegbu, a.k.a Obi Cubana has regained his freedom from the custody of the Economic and Financial Crimes Commission, EFCC after 72 hours in detention for alleged money laundering.

    Ravenewsonline.com reported that the Anambra-born club owner was arrested on Monday and he regained his freedom on Thursday evening.

    The EFCC spokesman, Wilson Uwujaren, confirmed to our correspondent that Cubana had been released.

    During his stay with the EFCC, he was quizzed several times over his alleged involvement in money laundering and tax fraud.

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    L–R: Secretary, Nigerian Communications Commission (NCC), Gwa Mohammed; Chief Executive Officer, Ministry of Finance Incorporated, Dr. Armstrong Takang; Executive Vice Chairman/Chief Executive Officer, NCC, Dr. Aminu Maida; Coordinating Director, Financial Reporting Council of Nigeria, Mr. Titus Osawe; Executive Commissioner, Stakeholder Management, NCC, Rimini Makama; Professor of Corporate Governance, Lagos Business School, Fabian Ajogwu, SAN, during the workshop/formal launch of Guidelines on Corporate Governance For Nigerian Telecommunications Industry hosted by the Commission in Lagos recently. L–R: Secretary, Nigerian Communications Commission (NCC), Gwa Mohammed; Chief Executive Officer, Ministry of Finance Incorporated, Dr. Armstrong Takang; Executive Vice Chairman/Chief Executive Officer, NCC, Dr. Aminu Maida; Coordinating Director, Financial Reporting Council of Nigeria, Mr. Titus Osawe; Executive Commissioner, Stakeholder Management, NCC, Rimini Makama; Professor of Corporate Governance, Lagos Business School, Fabian Ajogwu, SAN, during the workshop/formal launch of Guidelines on Corporate Governance For Nigerian Telecommunications Industry hosted by the Commission in Lagos recently.

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