Socialite entrepreneur, Obi Cubana, has reportedly regained freedom from the Economic and Financial Crimes Commission, EFCC.
He was arrested on Monday on allegations of money laundering.
The commission has, however, not given details of his arrest and purported release.
Cubana too has not spoken on the development.
There is also a report that he had deployed some Senior Advocates of Nigeria to handle the matter.
Earlier his aide, Cubana Chief Priest had faaulted the arrest, saying it would only strengthen him – the accused.
Also, a group, the South East Revival Group (SERG) on Tuesday demanded the immediate release of the Oba, Anambra State-born philanthropist, with real name Obinna Iyiegbu.
According to the group, Cubana was being targeted because of the November 6 Anambra governorship election.
“In recent times, former Governor Peter Obi and former Secretary to the Federal Government, Ayim Pius Ayim, have been targeted by anti-corruption agencies all of a sudden because of their possible emergence as presidential candidates in their party to challenge the status quo.
“So, such anti-Igbo phantom allegations, like the ones against Obi Cubana, are not new.
“We recall that Ifeanyi Ubah of Capital Oil was arrested and detained by the federal government based on suspicion of committing financial fraud, even when it was the Federal Government that was owing him.
“Despite the long years of neglect of the SouthEast region, self-made Igbo sons and daughters are now being subjected to all manners of media trials while others who are reasonably suspected of having committed deafening financial crimes are working free on the streets because they’re not Igbos.
“We strongly believe that Obi Cubana is targeted because of the Anambra State governorship election on November 6 due to his popularity. They want to take him out of the state and embarrass him,”the group had said.
