The Economic and Financial Crimes Commission (EFCC) has arrested a socialite, Obinna Iyiegbu, popularly known as Obi Cubana.

Thelagostimes gathered that Obi Cubana arrived at the commission’s headquarters in Abuja around noon on Monday for questioning is still being held at the commission up till Tuesday morning.

Although details of allegations against the Anambra-born tycoon are still sketchy, a source told Channels Television that his case borders on alleged money laundering and tax fraud.

The Commission’s spokesman, Wilson Uwujaren however said he was yet to be briefed on the development.

Earlier in the year, Obi Cubana made headlines and trended on social media following a lavish burial ceremony for his late mother in the South East state.