HomeCrimeEFCC Arrests Socialite, E-Money For Naira Abuse

EFCC Arrests Socialite, E-Money For Naira Abuse

Operatives of the Economic and Financial Crimes Commission have arrested a popular Lagos socialite, Emeka Okonkwo Daniel (a.k.a. E-Money), for allegedly abusing the Naira note.
Our correspondent gathered that he was arrested on Monday night at his residence in the Omole area of Lagos.

Sources within the commission on Tuesday said E-Money was arrested for allegedly spraying United States dollars, an act said to be in violation of the Foreign Exchange Act.

One of the sources said, “On Monday night, 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 Foreign Exchange Act.

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