Breaking News
BREAKING NEWS: EFCC arrests E-Money
The EFCC stated it has commenced preliminary investigations and plans to charge E-Money to court upon conclusion of its inquiry.
The Economic and Financial Crimes Commission (EFCC) has arrested popular Lagos socialite, Emeka Okonkwo Daniel, also known as E-Money, for allegedly abusing the Naira.
Vanguard gathered that he was picked up by operatives of the commission on Monday night at his residence in Lagos.
The socialite is facing allegations of Naira abuse and the defacement of foreign currencies, linked to his alleged act of spraying US dollars—an offence under Nigeria’s Foreign Exchange Act.
The EFCC stated it has commenced preliminary investigations and plans to charge E-Money to court upon conclusion of its inquiry.
Vanguard also learnt that he has been flown to Abuja for further interrogation by EFCC investigators.
The alleged currency spraying reportedly took place at a social event in Lagos, although specific details of the occasion remain undisclosed.
When contacted, EFCC spokesperson Dele Oyewale declined to comment. However, credible sources within the Commission have confirmed both the arrest and the ongoing investigation.
PEOPLE POWER REVOLUTION: Between Omoyele Sowore/Nigeria and Julius Malema/SouthAfrica -By Richard ODUSANYA
Omoyele Sowore represents a different model—what might be called “dissident outsiderism.” A former student leader (President) and a courageous non-conformists....
The Politics of Liberation: Bob Marley in Postcolonial Discourse -By Patrick Iwelunmor
Through the metaphor of Babylon, Marley diagnosed the postcolonial condition with prophetic clarity. Babylon was not just ancient scripture; it...
Sowore’s Reckless Utterances: No One Is Bigger Than the Constitution -By Kelvin Adegbenga
Nigeria is a country governed by law, not by noise-makers or professional agitators. Sowore’s repeated denigration of state institutions and...
Lagos Needs Proven, Transformational Leadership Again: A Case for Governor Akinwunmi Ambode -By Ayodeji Olatubora, Esq
Ambode’s government pushed the next phase of Lagos’s long-term transport reform: expanding Bus Rapid Transit (BRT) capabilities, planning depot rollouts,...
Russia’s Multifaceted Public Diplomacy Catching Up With Africa -By Kestér Kenn Klomegâh
Russia has, historically, supported African countries in their desire to determine their own national policies and gain true independence. And...