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Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested prominent Lagos socialite, Emeka Okonkwo Daniel, popularly known as E-Money, over alleged abuse of the Nigerian currency.
E-Money was reportedly picked up on Monday night at his residence in the Omole area of Lagos.
It was gathered on Tuesday that the socialite is being investigated for allegedly spraying United States dollars at public events, a practice that may contravene provisions of the Foreign Exchange Act and regulations on currency abuse.
