EFCC arrests Socialite, E-Money over Naira abuse
The Economic and Financial Crimes Commission (EFCC) has arrested well-known Lagos socialite Emeka Okonkwo Daniel, popularly known as E-Money, over alleged abuse of the Naira.
According to Vanguard, EFCC operatives apprehended E-Money at his Lagos residence on Monday night. He is accused of spraying U.S. dollars at a social event, a violation of Nigeria’s Foreign Exchange Act, and of defacing both local and foreign currencies.
The EFCC has launched a preliminary investigation and intends to charge him once inquiries are complete. He has reportedly been flown to Abuja for further questioning.
Although EFCC spokesperson Dele Oyewale declined to comment, reliable sources within the agency confirmed the arrest and ongoing probe.
