Popular Nigerian businessman and socialite, Emeka Okonkwo, widely known as E-Money, has been released from the custody of the Economic and Financial Crimes Commission (EFCC).
E-Money was reportedly arrested on Monday, April 28, at his residence in the Omole area of Lagos. According to a reliable source within the commission, the arrest was in connection with allegations of abuse of the Naira and foreign currencies.
“He was arrested at his Omole, Lagos residence. Preliminary investigations are ongoing, and he will be charged to court as soon as investigations are concluded,” the EFCC source revealed.
Although the billionaire has now regained his freedom, investigations are still in progress, and the possibility of formal charges remains open.
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