According to reports, Lagos socialite and music executive Emeka Okonkwo, better known by his stage as E-Money, has been freed from the Economic and Financial Crimes Commission’s (EFCC) custody.
According to reports, E-Money was arrested by the EFCC on charges of defacing foreign currencies and misusing the Naira currency.
E-Money was arrested on Monday night at his home in the Omole neighborhood of Lagos, according to commission sources.
The socialite was arrested on suspicion of participating in the unlawful practice of spraying US dollars, which is a violation of the Foreign Exchange Act.
Celebrity bartender Cubana ChiefPriest, whose real name is Pascal Okechukwu, announced the debut of E-Money on Instagram Tuesday evening.
Nigerian musician Kingsley Okonkwo, better known by his stage name Kcee, has said that he became financially successful before his younger brother, Emeka Okonkwo, better known by his stage name E-Money.
The musician claims that his millionaire businessman, who was once his manager, is now wealthier than him.
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During a recent visit on the Tea With Tay podcast, Kcee revealed this. He claimed to have been one of the sponsors of E-Money’s wedding.
He thought that he would have been wealthier if he had applied the same kind of commitment to business as he did to music.
