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EFCC Arrests Socialite E-Money Over Alleged Naira Abuse

Kehinde Giwa by Kehinde Giwa
April 29, 2025
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EFCC Arrests Socialite E-Money Over Alleged Naira Abuse
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The Economic and Financial Crimes Commission (EFCC) has arrested socialite Emeka Okonkwo, popularly known as E-Money, over alleged naira abuse.

According to reports, E-Money was arrested in Lagos and taken into EFCC custody in Abuja.

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The arrest is believed to be connected to a video of him spraying naira and US dollar bills at a public event. The EFCC has not released an official statement on the arrest.

This comes after the EFCC’s recent crackdown on naira abuse, which led to the remand of singer Terry Apala over similar allegations.

Another socialite, Aisha Achimugu, was also arrested by the EFCC at the Nnamdi Azikiwe International Airport in Abuja over alleged money laundering.

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