Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested a prominent Lagos-based socialite, Emeka Okonkwo Daniel, popularly known as E-Money, over alleged violation of the country’s currency regulations.
The arrest, which took place on Monday night at his residence located in the Omole area of Lagos State, followed reports of his indiscriminate spraying of United States dollars at a public event—an act the anti-graft agency considers a contravention of the Foreign Exchange Act and an abuse of the Nigerian currency, the Naira.
Sources within the Commission confirmed that E-Money was picked up by EFCC operatives and is currently being flown to the Federal Capital Territory, Abuja, for further interrogation.
According to one of the sources, “Preliminary investigations have commenced. He will be charged to court as soon as investigations are concluded.”
Although the Commission is yet to issue an official statement regarding the development, the arrest has already sparked conversations across social media platforms, with many Nigerians reacting to the news.
E-Money, a well-known figure in Lagos’ social and entertainment scene, is famed for his flamboyant lifestyle and public display of wealth.
As of the time of filing this report, efforts to reach the EFCC spokesperson for an official comment were unsuccessful.
More details later.
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