Socialite E-money Arrested by EFCC for Spraying Dollars, Gets Flown to Abuja for Questioning
- Nigerian socialite E-Money has reportedly been arrested by the Economic and Financial Crimes Commission
- According to reports, E-Money was picked up by EFCC operatives on the night of April 28, 2025, for allegedly abusing the naira and foreign currencies
- News of E-Money’s arrest went viral on social media, and it triggered a series of reactions from concerned Nigerians
Nigerian socialite Emeka Okonkwo, aka E-Money, has reportedly been arrested by operatives of the Economic and Financial Crimes Commission (EFCC).
In the late hours of Monday, April 28, 2025, E-Money was arrested in his home in Omole, Lagos, after he allegedly abused the naira.
Source: Instagram
According to reports from Punch, sources within the EFCC disclosed that E-Money, who is the younger brother of Nigerian singer, Kingsley Okonkwo aka KCee, was arrested for allegedly praying US dollars, an act said to go against the Foreign Exchange Act.
The source said:
“On Monday night, we arrested E-Money for Naira abuse and defacing foreign currencies. Specifically, he was alleged to have sprayed U.S. dollars, which is against the Foreign Exchange Act.
“He was arrested at his Omole, Lagos residence. Preliminary investigations are ongoing, and he will be charged to court as soon as investigations are concluded.”
Another source disclosed that E-Money was flown to Abuja for questioning after his arrest.
Source: Instagram
Reactions as E-Money gets arrested
News of E-Money’s arrest after allegedly spraying dollars was met with mixed reactions from Nigerians.
It is no news that many Nigerian socialites avoid getting apprehended for naira abuse by spraying foreign currencies at parties. Some netizens dropped their hot takes about E-Money's arrest on social media.
Seyi expressed confusion over E-Money getting arrested for spraying dollars:
Sammy said the EFCC seemed serious about clamping down on naira abuse and wondered how they planned to balance that with the culture of spraying in Nigeria:
Sam ED said it was a technique to get E-Money to start supporting APC like Cubana Chiefpriest:
Chriseddy said E-Money would be released within hours:
Prince claimed the EFCC was only trying to make money from E-Money:
VDM shares video of him spraying money
Meanwhile, Legit.ng earlier reported that Nigerian social media commentator Verydarkman (VDM), whose real name is Martins Otse, posted photos online to draw the attention of the EFCC.
The activist shared images of himself and his close friend Kokopee intentionally tossing money during a night out in Jos, Plateau state.
VDM identified the location of the incident as Chillers By New Yorker and boldly tagged the Economic and Financial Crimes Commission in the post, seemingly drawing their attention to his actions. Known for bragging about his integrity and claiming he’s untouchable by the anti-graft commission, the TikToker referenced the case of Nigerian billionaire Razaq Okoya's family with the EFCC in his post.
Recall that two of the billionaire's sons had posted videos of themselves spraying crisp naira notes in their home with the help of their police bodyguards.
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Proofreading by Nkem Ikeke, copy editor at Legit.ng.
Source: Legit.ng
