Obi Cubana regains freedom, breaks silence on Instagram

Popular Nigerian socialite and businessman Obi Iyiegbu, aka Obi Cubana, has regained his freedom after he was arrested by EFCC operatives.

“Unbroken #manoftheyear 2021” Obi captioned the photo he shared on his Instagram page this evening shortly after he was released.

The socialite was arrested by EFCC operatives on Monday, November 1 over allegations of money laundering and tax fraud. He was then granted administrative bail.

The news about his release was shared by his colleague and friend, Instigator PH via his Instagram page.

He wrote: “Thank u Jesus!! @obi_cubana is free. We gat Jesus!!! . Dis Dance is for all my fans. I love u all.”

He also shared a post that reads: “Breakinh Newz. Obi Cubana is free. Confirmed by me, only 1 instigator. Give away loading.”

TopNaija had reported that Obi Cubana was held and interrogated by Economic and Financial Crimes Commission (EFCC) officials on Monday, November 1.

Though there was no confirmation on the allegations against him, it was learnt he was being quizzed on alleged money laundering and tax evasion.

Mr Iyiegbu held a lavish funeral for his mother, Ezinne Iyiegbu, in Oba, Anambra State in July.

Since the talk-of-the-town burial, Mr Iyiegbu has become an inspirational grass-to-grace figure appearing in interviews where he told stories of how he started in a one-room apartment as a fresh graduate undergoing the mandatory national youth service in Abuja in 1999.

He told BBC Pidgin that he started as an estate agent and made his first N1 million through a house furnishing contract he got at that time.

Today, he sits atop sprawling investments in entertainment, hospitality, real estate, among others.