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    Naira Abuse: Socialite E-Money freed from EFCC custody

    Naira Abuse
    Naira Abuse: Socialite E-Money freed from EFCC custody

    Touchaheart – Lagos socialite and music executive Emeka Okonkwo, popularly known as E-Money, was reportedly released on Tuesday evening after hours of interrogation by operatives of the Economic and Financial Crimes Commission (EFCC).

    E-Money was taken to the EFCC office in Abuja after being arrested on Monday night at his home in the Omole neighborhood of Lagos. He was arrested for allegedly abusing the Naira and defacing foreign currencies, specifically spraying US dollars in violation of the Foreign Exchange Act, according to EFCC sources.

    “We arrested E-Money on Monday night for abusing Naira and defacing foreign currencies,” an EFCC official confirmed. In particular, he was accused of violating the Foreign Exchange Act by spraying US dollars. He was taken into custody at his home in Omole, Lagos. He will be charged in court as soon as the preliminary investigations are finished, which are currently underway.

    E-Money thanked and reassured his followers on his Instagram account, @iam_emoney1, after being released on Tuesday night. Posing regally in his home, he wrote: “No tension, everywhere good, I see all your love and support. God bless you all.”

    A background track in the video featured the gospel song, “Thank you for saving me, thank you my Lord.”

    Fellow socialite Pascal Okechukwu, known as Cubana Chief Priest, also celebrated the development on Instagram. On his handle @Cubana_ChiefPriest, he posted:
    “My brother don fall out, To God be the glory.”

    As of the time of filing this report, several attempts to reach EFCC spokesperson Dele Oyewale for official confirmation of E-Money’s release had gone unanswered.

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