EFCC Releases E-Money After Interrogation Over Alleged Naira Abuse

The New Diplomat
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By Abiola Olawale

Popular Nigerian businessman and socialite Emeka Okonkwo, also known as E-Money, has been released by the Economic and Financial Crimes Commission (EFCC) after hours of interrogation.

Recall that E-Money was reportedly picked up by EFCC operatives on Monday night, April 28, 2025, at his residence in Lagos State.

He was said to have been transported to the EFCC’s office for questioning over allegations of Naira abuse and defacement of foreign currency at public events.

According to sources, the interrogation focused on his handling of currency, a matter for which the EFCC has been cracking down on offenders in recent years.

After several hours of questioning, E-Money was reportedly released on Tuesday evening, April 29, 2025.

E-Money, who is the CEO of Emy Cargo and Shipping Services Limited, reassured fans via social media, stating there was “no cause for concern.”

The post showed him sitting in an elegant room with a gospel song playing in the background. He wrote, “No tension, everywhere good. I see all your love and support. God bless you all.”

The video included lyrics which read: “Thank you for saving me, thank you, my Lord.”

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