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EFCC Arrests E-Money For Abusing Naira

EFCC Arrests E-Money For Abusing Naira
  • PublishedApril 29, 2025

The Economic and Financial Crimes Commission (EFCC) has arrested popular Lagos socialite, Emeka Okonkwo Daniel, also known as E-Money, for allegedly abusing the Naira.

It was gathered that he was picked up by operatives of the commission on Monday in Lagos.

OSUN DEFENDER reports that E-Money, who is the CEO of Emmy Cargoes Nigeria Limited and Five Star Music, was arrested in Lagos State for alleged abuse of the naira.

He is being held at the EFCC facility in Lagos.

According to the source, E-Money is being investigated for allegedly spraying both Naira and US dollars at a party in Lagos in violation of Nigeria’s currency laws.

Details later!