Celebrity businessman, Obinna Iyiegbu popularly known as Obi Cubana who spent his first night with the Economic and Financial Crimes Commission in Abuja on Monday, has been released on administrative bail.
A source close to the case, confirmed the socialite had been granted bail.
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.
