Popular Lagos businessman and socialite, Emeka Okonkwo, widely known as E-Money, has been released by the Economic and Financial Crimes Commission (EFCC) following his arrest on Monday.
E-Money was picked up from his residence in the Omole area of Lagos and flown to Abuja, where he was questioned over alleged abuse of the naira and foreign currencies—a violation of Nigeria’s financial regulations.
The EFCC has recently intensified its clampdown on currency abuse, particularly on social media.
The socialite regained his freedom on Tuesday evening and took to his Instagram handle to announce his release, writing: “No tension, everywhere good, I see all your love and support. God bless you all.”
The news of his release was also celebrated by his close friend and fellow socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest. In a post shared via Instagram, he wrote: “My brother don fall out. To God be the glory.”