The Economic and Financial Crimes Commission (EFCC) has arrested popular Lagos socialite, Emeka Okonkwo Daniel, widely known as E-Money, for allegedly violating currency regulations.
He was apprehended on Monday night at his residence in the Omole area of Lagos for reportedly spraying U.S. dollars at a public event, an act considered a breach of the Foreign Exchange Act and an abuse of the Naira.
Sources within the EFCC said preliminary investigations are ongoing, and he will be charged to court upon conclusion. E-Money is currently being flown to Abuja for further questioning.
The EFCC has yet to release an official statement on the arrest.
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