Obi Cubana, who is the Chairman of, Cubana group of companies, was grilled for about five hours at the Abuja headquarters of the NDLEA before he was granted bail and asked to return at a future date.

impeccable sources said that suspicious payments were made into Cubana’s account by three convicted drug dealers from Malaysia, Nigeria and India.

Operatives of the NDLEA and the Economic and Financial Crimes Commission have now widened the probe into Cubana and his business network based on the premise that he may be involved in the drug business.

A source said “Obi Cubana arrived at the NDLEA office around 9 am and responded to questions for some hours before he was granted bail at 2 pm. There are suspicions that he may be a drug kingpin. Some convicted drug dealers paid funds into his account. We have been able to establish three of such payments. One of the persons that paid money into his account was convicted in Kuala Lumpur, Malaysia; another one that was convicted in New Delhi, India; also paid money into his account while a third person was arrested at the Murtala Muhammed International Airport, Lagos and convicted in 2017, also paid money into Cubana’s account,”

The socialite was allowed to go home in order to get some documents that would be presented to the NDLEA.

Cubana who has been in the nightclub business since 2006, grabbed international headlines last July when he organised a lavish funeral for his mother, Ezinne Iyiegbu, in Oba, Idemili South local government area of Anambra State.

The Anambra-born club owner, who was arrested on Monday, was released on Thursday.

The EFCC spokesman, Wilson Uwujaren, confirmed to our correspondent that Cubana had been released on administrative bail.

“He has been released,” Uwujaren simply said in a text message.

During his stay with the EFCC, he was quizzed over his alleged involvement in money laundering and tax fraud, among other illicit financial deals.

While still in custody, his family members and associates, in a bid to deceive the public, posted messages on social media that he had been released.

An old video showing the socialite having fun at a party was also posted online to give the impression that he was back home.

Cubana may be required to visit the EFCC headquarters from time to time until the conclusion of investigation.

Reports have it that the seizure of his travel document was to prevent him from leaving the country while under investigation. A source in the commission however claims he is yet to be released.

A source in the commission said “Obi Cubana has not been released, he is still having quality sessions with investigators over alleged money laundering running into millions of naira and tax fraud. He will be released when he has satisfactorily responded to all questions relating to his involvement in various illegal deals. As part of the investigation, his travel document has been temporarily seized pending the conclusion of investigations.”

The EFCC spokesman, Wilson Uwujaren confirmed that Obi Cubana is still in custody and said he has no information on the seizure of his passport.

“Unbroken #manoftheyear 2021” Obi captioned the photo he shared on his Instagram page this evening shortly after he was released

The socialite was arrested by EFCC operatives on Monday, November 1 over allegations of money laundering and tax fraud. He was then granted administrative bail.

Reports have it that the club owner who arrived at the headquarters of the EFCC at Jabi, Abuja, at about noon on Monday, November 1, is currently being interrogated by operatives of the commission. A source in the commission claimed his case borders on alleged money laundering and tax fraud.

The Source said “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.”

Obi Cubana made headlines in July when he hosted a talk-of-the-town funeral for his mother in Oba, Anambra State, in which over 200 cows were reportedly killed