Three days after he was detained by the Economic and Financial Crimes Commission for alleged money laundering, socialite and businessman, Obinna Iyiegbu, aka Obi Cubana, has been released.
According to a report by The Punch, the Anambra-born club owner, who was arrested on Monday, breathed the air of freedom on Thursday evening.
The EFCC spokesman, Wilson Uwujaren, confirmed that Cubana had been released on administrative bail.
“He has been released,” Uwujaren simply said in a text message.
During his stay with the EFCC, he was quizzed several times over his alleged involvement in money laundering and tax fraud.