Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested popular Nigerian businessman and music executive, Emeka Okonkwo, widely known as E-Money.
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Sources in the commission say the businessman was apprehended on Monday night April 28 over alleged abuse of the naira and defacing foreign currency.  The sources mentioned that E-Money is under investigation for spraying both naira and United States dollars at a social event which violates Nigeria’s currency laws and the Foreign Exchange Act.
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He is said to have been flown to Abuja for for further questioning.
The commission is yet to release a statement regarding this development.
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