Popular socialite, Emeka Okonkwo Daniel (a.k.a. E-Money) has been nabbed by operatives of the Economic and Financial Crimes Commission, (EFCC).
NATIONAL POST learnt that he was arrested on Monday night at his residence in the Omole area of Lagos for allegedly abusing the Naira note.
E-Money was arrested for allegedly spraying United States dollars, an act said to be in violation of the Foreign Exchange Act.
“On Monday night, we arrested E-Money for Naira abuse and defacing foreign currencies. Specifically, he was alleged to have sprayed U.S. dollars, which is against the Foreign Exchange Act.
"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," a source told PUNCH.
Another source who confirmed his arrest stated that E-Money is currently being flown to Abuja for questioning.
The source, who is not authorised to speak to the press, said, “Yes, he has been arrested and is being flown to Abuja as I speak, to face investigators on the issue.”
EFCC spokesperson Dele Oyewale is yet to comment on the matter.