The Economic and Financial Crimes Commission (EFCC) has reportedly seized the passport of Obi Cubana because he is on the watch list of the commission.
According to reports, the seizure of his travel document was to stop him from leaving the country during the period of his investigation.
Contrary to earlier reports, the billionaire businessman is still in EFCC custody.
According to the Punch, “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 investigation, his travel document has been temporarily seized pending the conclusion of investigations.”
The EFCC spokesman, Wilson Uwujaren, who confirmed that the suspect is still in custody, however, said he has no information on the seizure of his passport.
