Businessman and socialite Obinna Iyiegbu, aka Obi Cabana, has remained in EFCC custody three days after he was arrested by the anti-graft agency in Abuja.
An official at the agency told Vanguard that Obi Cubana was still being grilled and that his release was hinged on his ability to perfect his bail conditions. “There are many things for which the businessman is being interrogated and until he meets the conditions for his bail, the interrogation would continue,” the official said, without explaining what the issues linked to Cubana are.
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The official did not, however, give details of what the businessman was expected to do to satisfy the bail conditions.
It was gathered that Obiu Cubana is likely being charged for tax evasion, abuse of the naira and money laundering based on what the source called ‘verified business transactions’.