The Economic and Financial Crimes Commission (EFCC) has arrested Lagos-based socialite, Emeka Daniel, popularly known as E-Money, over alleged abuse of the Naira.
Recall that EFCC operatives picked him up on Monday night at his residence in Lagos.
E-Money is accused of spraying US dollars at a social event—an act said to contravene the provisions of Nigeria’s Foreign Exchange Act, which also forbids the defacement of both local and foreign currencies.
According to EFCC sources, preliminary investigations have commenced, and the socialite may be charged to court once inquiries are completed.
He has reportedly been flown to Abuja for further questioning at the EFCC headquarters.
Although the exact details of the event where the alleged offence took place remain unclear, reliable sources within the commission confirmed the arrest and ongoing probe.
Efforts to get an official response from the EFCC spokesperson, Mr. Dele Oyewale, were unsuccessful as he declined to comment.
