The official did not, however, give details of what the businessman was expected to do to satisfy the bail conditions.
But among the likely charges are those bordering on abuse of the Naira, tax fraud and money laundering based on what the source called ‘verified business transactions’.
The agency merely classified the issues as tax fraud and money laundering but declined to give specifics.
It will also be recalled that Obi Cubana came to the spotlight following the flamboyant burial he and his followers staged for his late mother earlier this year.
It is not clear if the invitation by the EFCC to Cubana is related to the way local and hard currencies were sprayed during the obsequies of his mother.
Or whether there are other issues related to his questioning by the operatives of the anti-graft agency.