The interrogation of socialite and businessman, Obinna Iyiegbu aka Obi Cabana, entered the third day, on Wednesday, without any hint of when he would perfect his bail and leave the anti-graft agency in Abuja.
An Economic and Financial Crimes Commission, EFCC, confirmed to Vanguard that the businessman was still being grilled and that his release was hinged on his ability to perfect his bail conditions.
But among the likely charges are those bordering on abuse of the Naira, tax fraud and money laundering based on what the source called ‘verified business transactions’.
The agency merely classified the issues as tax fraud and money laundering but declined to give specifics.
It is not clear if the invitation by the EFCC to Cubana is related to the way local and hard currencies were sprayed during the obsequies of his mother.
