Home / News From Nigeria / Local News / EFCC Set To Release Obi Cubana, Delay In Release Due To Bail Conditions
efcc

EFCC Set To Release Obi Cubana, Delay In Release Due To Bail Conditions

Celebrated socialite and businessman, Obinna Iyiegbu aka Obi Cabana, who spent his first night with the Economic and Financial Crimes Commission in Abuja yesterday, is set for release on administrative bail any moment from now.

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

“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 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.

About Lolade

Viral Video

Support Ooduarere

SUPPORT OODUARERE
Scan QR code below to Donate Bitcoin to Ooduarere
Bitcoin address:
1FN2hvx5tGG7PisyzzDoypdX37TeWa9uwb
x

Check Also

efcc boss

EFCC records 19 sales Monday as bidding ends 

The Economic and Financial Crimes Commission, on Monday, recorded 19 successful bids as the curtain was drawn on the sales of forfeited landed properties, in Abuja. The properties, located in different parts of the country, were forfeited to the federal government, being proceeds of crimes established through judicial processes by the EFCC.   During Monday’s bidding exercise, being the final day for the sales, there were fresh bids for all the unsold properties in lots 4,5,6,7,8 and 9, where 19 successful ...