According to reports couple of hours ago, popular socialite and businessman, Obi Cubana, was arrested by the Economic and Financial Crimes Commission for money laundering and tax fraud.
The Reason Why Obi Cubana Was Arrested By EFCC
He was taken to EFCC headquarters at Jabi, Abuja, at about noon on Monday, and was interrogated by operatives of the commission.
Sources said, Obi Cubana was arrested and brought to the EFCC headquarters on Monday afternoon over allegations of money laundering and tax fraud.
Though he has been released some hours ago.
Obi Cubana made headlines in July when he hosted an ostentatious burial for his mother in Oba, Anambra State, in which over 200 cows were reportedly killed.
The lavish display of wealth set tongues wagging with many Nigerians wondering about his source of wealth.
Why was he arrested? Truely over money laundering and tax fraud or something else?
I think and believe that the below photo is the reason why he was arrested by the EFCC.