Socialite E-Money Released From EFCC Custody Over Alleged Naira Abuse
The popular Lagos socialite, Emeka Okonkwo, known as E-Money, has been released from the Economic and Financial Crimes Commission (EFCC) custody after hours of questioning. He was arrested on Monday night at his residence in the Omole area of Lagos and taken to Abuja.
The EFCC confirmed that E-Money’s arrest was related to alleged Naira abuse and the defacing of foreign currencies.
Specifically, he was accused of spraying U.S. dollars, an act contrary to the Foreign Exchange Act.
An EFCC official revealed that preliminary investigations are still ongoing, and he will be charged in court once the investigations are concluded.
Following his release on Tuesday evening, E-Money shared a message of reassurance with his followers on Instagram, thanking them for their support.
He posted a video of himself at home, accompanied by the gospel song “Thank you for saving me, thank you my Lord,” writing: “No tension, everywhere good, I see all your love and support. God bless you all.”
Fellow socialite Pascal Okechukwu, also known as Cubana Chief Priest, celebrated E-Money’s release on his Instagram, saying: “My brother don fall out, To God be the glory.”
As of now, attempts to contact EFCC spokesperson Dele Oyewale for an official statement on E-Money’s release have not been successful.cessful.
Titilope Adako is a talented and intrepid journalist, dedicated to shedding light on the untold stories of Osun State and Nigeria. Through incisive reporting, she tackles a broad spectrum of topics, from politics and social justice to culture and entertainment, with a commitment to accuracy, empathy, and inspiring positive change.
