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Naira, dollar abuse: EFCC releases E-Money after arrest

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The Economic and Financial Crimes Commission (EFCC) has released Lagos-based businessman and socialite Emeka Okonkwo, popularly known as E-Money.

He was freed on Tuesday evening, a day after being arrested at his residence in the Omole area of Lagos State.

E-Money was taken to Abuja by the anti-graft agency operatives for questioning over allegations of abusing the naira and foreign currencies.

Announcing his release on Instagram, E-Money reassured his supporters, saying: “No tension, everywhere good, I see all your love and support. God bless you all.”

While reacting to the news, fellow socialite Pascal Okechukwu, also known as Cubana Chief Priest, celebrated E-Money’s freedom in a post on Instagram, writing: “My brother don fall out. To God be the glory.”


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