 A socialite and businessman Obinna Iyebu aka Obi Kubana has been arrested by the Economic and Financial Crimes Commission EFCC. The Anambra born tycoon who arrived at the headquarters of the EFCC at Jabi Abuja at about noon on Monday was still been interrogated by operatives of the commission as at 10.30pm. The allegations against the socialite were sketchy as of press time, a source disclosed that his case borders an alleged money laundering and tax fraud. When contacted, spokesman of the commission Wilson Wuja has said he was yet to be briefed on the development.