Money Laundering: EFCC Seizes Obi Cubana’s International Passport

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) has seized the international passport of a popular socialite, Obinna Iyiegbu, also known as Obi Cubana.

Several reports had emerged that the Nigerian businessman had been granted administrative bail after he reported at the agency’s headquarters in Jabi, Abuja, on Monday.

It has now been confirmed that the socialite is still in the custody of the anti-graft agency over alleged money laundering and tax fraud.

Speaking to The PUNCH, a source said that the EFCC temporarily seized the socialite’s international passport in order to prevent him from leaving the country pending the conclusion of the investigation.

He added that Obi Cubana would be released after the EFCC investigators are satisfied with his response to all questions relating to his involvement in fraud and money laundering.

“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 the investigation, his travel document has been temporarily seized pending the conclusion of investigations,” the source stated.

In a related development, former presidential media aide, Reno Omokri has mockingly suggested to Obi Cubana to join the All Progressives Congress (APC) and take pictures with President Muhamadu Buhari so his ‘sins’ can be forgiven.

Omokri made the submission on Wednesday in a post where he reacted to the arrest of the billionaire socialite by the EFCC.

Omokri said the EFCC should have gone after the APC National Leader, Asiwaju Bola Tinubu if it really wanted to arrest anyone involved in money laundering.

The former presidential aide said there is already evidence of money laundering against Tinubu and the embattled former head of the Police Intelligence Response Team (IRT), DCP Abba Kyari but the EFCC has chosen to look away.

He accused the EFCC of double standards in its operations.