The Economic and Financial Crimes Commission (EFCC) has reportedly arrest a popular socialite and entrepreneur Obinna Iyiegbu, popularly known as Cubana over alledged money laundering and tax fraud.
EFCC authorities were yet to confirm the latest development as at the time of filling this report.
Obi Cubana made headlines in July when he hosted an ostentatious burial for his late 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.
Several celebrities, businesspeople and politicians turned out in large numbers for the funeral.