Obinna Iyiegbu, popularly known as Obi Cubana spent the second night with the Economic and Financial Crimes Commission (EFCC) on Tuesday, contrary to media report that he has been released
The EFCC has also reportedly confiscated the passport of the businessman, who was arrested on Monday for alleged money laundering and tax fraud.
It was gathered that the seizure of his travel document was to prevent him from leaving the country while under investigation.
“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 investigation, his travel document has been temporarily seized pending the conclusion of investigations,” a source said.
The EFCC spokesman, Wilson Uwujaren, who confirmed that the suspect is still in custody, however, said he has no information on the seizure of his passport.
(THE PRECISION NG)
