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.
According to information obtained by this online news outlet, he was picked up by commission agents at his Lagos home on Monday evening.
The socialite is facing allegations of naira abuse and the defacement of foreign currencies, linked to his alleged act of spraying US dollars—an offense under Nigeria’s Foreign Exchange Act.
The EFCC stated it has commenced preliminary investigations and plans to charge E-Money in court upon conclusion of its inquiry.
Additionally, this online news outlet reports that EFCC investigators have flown him to Abuja for additional questioning.
The alleged currency spraying reportedly took place at a social event in Lagos, although specific details of the occasion remain undisclosed.
When contacted, EFCC spokesperson Dele Oyewale declined to comment. However, credible sources within the commission have confirmed both the arrest and the ongoing investigation.
