Obi Cubana Set To Be Released From EFCC Custody

Popular businessman, Obinna Iyiegbu aka Obi Cubana, who was on Monday evening arrested by operatives of the Economic and Financial Crimes Commission is set for release on administrative bail any moment from now.

A source close to the case, confirmed that the socialite had been granted bail but was yet to perfect the conditions attached to the bail for his release.

READ ALSO:Obi Cubana’s Wife Reacts To Arrest Of Husband

“Yes, he has been granted bail but he is yet to meet the conditions for his release,” the official told Vanguard on the phone on Tuesday afternoon.

A top source also explained that although the anti-graft agency plans to prosecute Cubana for sundry economic and financial offences, the trial would not commence any time soon.

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