Award-Winning Nigerian singer, Davido has taken to social media to react to the arrest of nightlife king, Obi Cubana; by the Economic Financial Crime Commission (EFCC) for alleged money laundering and tax fraud.
Recall billionaire businessman, Obi Cubana was arrested by operatives of the EFCC on Monday, November 1, afternoon; although the EFCC spokesman, Wilson Uwujaren, said he has yet to be briefed on the development.
Reacting to the latest development, Davido took to his Instagram story moments ago; to share a photo of the billionaire while leaving a caption in Igbo.
He wrote: “Obi nwere Ego” meaning “Obi has money.”
See screenshot of his post below:
Reports indicate that the popular night club owner who arrived the headquarters of the EFCC at Jabi, Abuja; at about noon on Monday, is currently being interrogated by operatives of the commission. Specifically, a source in the commission claimed his case borders on alleged money laundering and tax fraud.
“Obi Cubana was arrested and brought to the EFCC headquarters on Monday afternoon over allegations of money laundering and tax fraud. He is being grilled by detectives as we speak,’’ a source at the commission told The Punch.
Meanwhile, 1st News reports that his investigation for alleged money laundering and tax fraud is believed to have been spurred by recent events that had thrown the businessman into the public spotlight.