The Economic and Financial Crimes Commission (EFCC) has finally released billionaire businessman, Obinna Iyiegbu, popularly known as Obi Cubana.

Inspiration FM recalls that the Anambra-born club owner was arrested and taken to the headquarters of the anti-graft agency, Jabi, Abuja, on Monday, following allegations of money laundering and tax fraud.

The popular Instagram socialite was, however, released last night after he had spent three days in detention undergoing interrogations.

Spokesman of EFCC Wilson Uwujaren, who confirmed the release, said Cubana was allowed to go after the completion of interrogations by detectives.

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