EFCC Arrests Socialite E-Money Over Naira Abuse Allegations

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The Economic and Financial Crimes Commission (EFCC) has arrested Lagos socialite Emeka Okonkwo Daniel, known as E-Money, over allegations of Naira abuse and defacing foreign currencies.

According to sources, E-Money was arrested at his Omole, Lagos residence on Monday night and is currently being taken to Abuja for questioning. The EFCC alleges he sprayed US dollars, violating the Foreign Exchange Act.

More details soon.