E-Money In EFCC Trouble, Arrested Over Alleged Currency Abuse

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Popular socialite and billionaire businessman, Emeka Okonkwo, better known as E-Money is in hot soup.

The Economic and Financial Crimes Commission (EFCC) has arrested him over alleged currency abuse.

EFCC’s spokesperson, Dele Oyewale confirmed his arrest on Tuesday, April 29th, 2025. He said; “The report is true, he was arrested last night.”

Those in the know squealed to us that the socialite was arrested at his residence in the Omole area of Lagos on Monday night after an event where he was allegedly caught spraying US dollars.

According to EFCC sources E-Money will be charged to court as soon as investigations are concluded.

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