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Flashback: Obi Cubana Reveals His Source Of Wealth

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Billionaire businessman, Obinna Iyiegbu popularly known as Obi Cubana, on Monday afternoon was arrested by the Economic and Financial Crimes Commission over case bordering on alleged money laundering and tax fraud.

Questions have been raised by Nigerians over the source of wealth of Obi Cubana who trended on social media a few months ago for spending millions of naira on the burial of his mother.

Recall that Obi Cubana in his reaction to claims that he was involved in money ritual, noted that hard work has been the secret for his success.

He added that he is into hotel and club business, has so many businesses and also acts as brands ambassador.

Obi Cubana while speaking on his source of wealth said, “I want to state this clearly, I am not the talking type or Social media interest free person”

“Many have questioned the type of boys and friends I have, to me,

“I hardly address anyone as my boy because we are all boys to God Almighty.

I don’t have any boy who is into rituals, if you are my boy or my man because I like to address my boys as my men, it means you are working hard and you made your money in a clean way.

“In 2013, I pushed 53 uneducated Oba boys into the market to learn trading. In 2017, I withdrew all of them from their Ogas and settled all of them with 3million Naira each and paid for their shops.

“I linked 40 of them into importation and made them use my name and platform to import goods into the country. After two years, I checked on them how they were doing and find out some had issues and I supported them again to stand.

“I am happy today that out of the 53 men, 38 are billionaires while the rest are in the level of a millionaire.

“In 2018, I took 100 educated men out of streets and introduced them to the white men for business and today there are billionaires in dollars.

“They also help me in their capacity when I require their help. All their friends both Nigeria and outside patronises me.

“I am into hotel and club business and I have so many businesses I am brand ambassadors too.

“It gives me joy to see my men do well, non of my hotel managers in Nigeria can small poverty, I encourage them to raise others from their local communities.

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“I have never sacked a worker due to misconduct, I bring you in and speak to you the way you will understand.

“I have this understanding that we should allow the stubborn people to exist and cool headed people to exist and we make use of them when their needs arises.

“I don’t believe in the supremacy of power rather I believe in the fare share of power and authority and allow everyone to feel belonged.

“I don’t believe in the supremacy of power rather I believe in the fare share of power and authority and allow everyone to feel belonged.

“I have many uncountable people through my hotel business, I have encouraged many, I have made a lot of friends millionaires and billionaires because it gives me joy.

“Seeing them throw money around gives me happiness and they know, so anytime there are with me, they show such attitude of throwing money to please me.

“Yes, I will gift 1 million to 300 Oba boys to start up business and link them up too to make it.
I have a lot of friends and associates and we are like brothers to each other.

“We love and encourage one another in good and bad as you have seen in my case that all of them came massively to support me. Critics is normal and there are there to say what they want to say but when you are doing the right thing, you don’t listen to what people say.

“If I have my way, I will also help those criticising me. A lot of non Obas will still benefit from me because I am still in the business of making people great.

“Cubana chief priest is my man and he is a jolly fellow. People mistake him for me, I am Obi Kubana and he is my

“Chief priest I hope you understand it now. I am not into politics and I don’t have interest in it till tomorrow. I respect those in politics because dey carry power. Lol hahaha.

“My advice is they should identify talents and make them great, don’t have any fear of who betrays you tomorrow, just make men and move, if they remember good if not be happy that they made it through you.

I didn’t asked my boys/men for donations or help, I didn’t also asked my friends for help or donations they did that on their own and I appreciated their efforts.”

Meanwhile, as at the time of filing this report, Obi Cubana is still in the detention of the anti-graft agency.

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Akinola
Akinola
Akinola Olusegun is a blogger and publisher of this blog, money247.com.ng. You can also check out his other blogs : segtv.com.ng (videos & news), letgoonline.com.ng (e-commerce), letgoonline.com.ng/blog (news) among others. Follow him via any or all of his social media pages to get fresh posts update.
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