EFCC seize Obi Cubana’s passport amid money laundering and Tax fraud yet to be released
The Economic and Financial Crimes Commission has reportedly confiscated the passport of socialite and businessman, Obinna Iyiegbu popularly known as Obi Cubana, who was arrested on Monday November 1, for alleged money laundering and tax fraud.
Punch reports that the seizure of his travel document was to prevent him from leaving the country while under investigation. A source in the commission however claims he is yet to be released.
“Obi Cubana has not been released, he is still having quality sessions with investigators over alleged money laundering running into millions of naira and tax fraud.
He will be released when he has satisfactorily responded to all questions relating to his involvement in various illegal deals. As part of investigation, his travel document has been temporarily seized pending the conclusion of investigations.”a source in the commission said
The EFCC spokesman, Wilson Uwujaren, who also spoke to PUNCH confirmed that Obi Cubana is still in custody and said he has no information on the seizure of his passport.