How E-money Cleared His Name: Behind the Drama with EFCC

After hours of questioning by Economic and Financial Crimes Commission agents, a renowned Lagos socialite, Emeka Okonkwo (a.k.a. E-Money), was reportedly released on Tuesday evening.

On Monday night, e-money was discovered at his home in the Omole area of Lagos and transferred to the commission's office in Abuja for investigation.

E-Money was arrested by operatives for allegedly abusing the naira and defacing foreign currencies.

However, the celebrity took to Instagram on Tuesday evening to celebrate his release, using the handle @iam_emoney1.

E-money, dressed as a king in his palace in the area, wrote, "No tension, everywhere good, I see all your love and support. "God bless you all."

The song "Thank you for saving me, thank you my Lord," played in the video's background.

Several calls and mails to EFCC spokesperson Dele Oyewale seeking confirmation of E-Money's release went unanswered at the time of reporting this report.

Similarly, Pascal Okechukwu, better known as Cubana Chief Priest, hailed E-money's release on Instagram.

He wrote, under his username, Cubana_Chief Priest, "My brother don fall out, To God be the glory."

E-Money was arrested earlier on Tuesday for allegedly spraying US dollars in violation of 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.