The Economic and Financial Crimes Commission (EFCC) has arrested popular Lagos socialite and businessman, Emeka Okonkwo Daniel, popularly known as E-Money, on allegations of currency abuse.
The arrest was confirmed by EFCC spokesperson, Dele Oyewale, in a statement to DAILY POST on Tuesday. According to sources close to the investigation, E-Money was apprehended at his residence in the Omole area of Lagos on Monday night.
His arrest reportedly followed an event where he was allegedly seen spraying US dollars, a practice considered a violation of Nigerian financial regulations under anti-money laundering laws.
Preliminary investigations are said to be underway, with the EFCC indicating that the suspect will be charged to court upon conclusion of the inquiry.
When contacted, Oyewale told DAILY POST, “The report is true, he was arrested last night,” but declined to provide further details pending ongoing investigations.
E-Money, known for his lavish lifestyle and influential presence on social media, is a well-known figure in Nigeria’s entertainment and business circles. His arrest has sparked significant public attention and discussions about the enforcement of currency-related offences.
