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Just in: Lagos Socialite E-Money Faces EFCC Arrest for Alleged Foreign Currency Spraying

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E-Money, a popular Lagos socialite whose real name is Emeka Okonkwo Daniel, has been arrested by the Economic and Financial Crimes Commission (EFCC) for reportedly spraying US dollars.

It was gathered that he was arrested on Monday night at his Omole residence in Ikeja area of Lagos.

An EFCC source said E-Money was arrested for allegedly spraying United States dollars, an act said to be in violation of the Foreign Exchange Act.

The source said,:“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.”

E-Money is currently being flown to Abuja for questioning.

“Yes, he has been arrested and is being flown to Abuja as I speak, to face investigators on the issue, ” he said.

The EFCC spokesperson, Dele Oyewale, however, declined to comment on the matter when contacted for confirmation.

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