The Economic and Financial Crimes Commission (EFCC) has arrested billionaire club owner, Obi Iyiegbu, popularly known as Obi Cubana, reports page3news.com.ng.
Obi Cubans, a Nigerian entrepreneur and businessman, who chairs the Obi Cubana group of companies, was arrested on Monday at about noon.
He was taken to the headquarters of the EFCC at Jabi, Abuja for interrogation by operatives of the Commission.
Reports have it that Obi Cubana’s arrest by the EFCC was not unconnected with alleged money laundering and tax fraud.
Earlier in the year, Obi Cubana made headlines and trended on social media following a lavish burial ceremony he held for his late mother in Anambra State.