- Arrest: E-Money, a Lagos socialite, was arrested by the EFCC over allegations of Naira abuse and defacement of foreign currencies.
- Alleged Offense: Spraying US dollars at a social event in Lagos, violating Nigeria’s Foreign Exchange Act.
- Investigation: The EFCC has commenced preliminary investigations and plans to charge E-Money to court upon conclusion.
- Current Status: E-Money has been flown to Abuja for further interrogation by EFCC investigators.
The Economic and Financial Crimes Commission (EFCC) has arrested Emeka Okonkwo Daniel, popularly known as E-Money, a Lagos socialite and businessman, over allegations of Naira abuse and defacement of foreign currencies. He was picked up by EFCC operatives at his residence in Lagos on Monday night.
The allegations against E-Money include spraying US dollars at a social event in Lagos, which is an offense under Nigeria’s Foreign Exchange Act. The EFCC has commenced preliminary investigations and plans to charge him to court upon conclusion of its inquiry.
E-Money has been flown to Abuja for further interrogation by EFCC investigators. While the EFCC spokesperson declined to comment, credible sources within the commission have confirmed the arrest and ongoing investigation.
