Popular socialite and business mogul, Obinna Iyiegbu aka Obi Cubana, has been released by the Economic and Financial Crimes Commission (EFCC), after three days in their custody.

Obi Cubana was called in for questioning over alleged money laundering and tax evasion.

The Anambra-born night club owner, who was arrested on Monday, breathed the air of freedom on Thursday evening.

The EFCC spokesman, Wilson Uwujaren, confirmed that Obinna Cubana had been released.

During his stay with the EFCC, he was quizzed several times over his alleged involvement in money laundering and tax fraud.