EFCC ARRESTS LAGOS SOCIALITE E-MONEY OVER ALLEGED NAIRA ABUSE
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested popular Lagos socialite, Emeka Okonkwo Daniel, widely known as E-Money, over allegations of naira abuse and defacing foreign currencies.
According to sources within the anti-graft agency, E-Money was picked up on Monday night at his residence in the Omole area of Lagos. His arrest follows allegations that he was involved in the unlawful act of spraying U.S. dollars at public events—an act said to be in violation of the Foreign Exchange Act.
An EFCC official told Punch, “We arrested E-Money for Naira abuse and defacing foreign currencies. Specifically, he was alleged to have sprayed U.S. dollars, which is against the law.”
The source further confirmed that preliminary investigations are underway and that the socialite will be charged to court once the probe is concluded.
Another insider revealed that E-Money has been flown to Abuja for further interrogation. “Yes, he has been arrested and is being flown to Abuja to face investigators,” the source said.
