Cubana Chief Priest has condemned the EFCC’s arrest of E-Money.
Newsone Nigeria had reported earlier that operatives of the Economic and Financial Crimes Commission (EFCC), Nigeria’s anti-graft agency, arrested a popular Lagos socialite, Emeka Okonkwo Daniel (a.k.a. E-Money), for allegedly abusing the Naira note.
It was gathered that E Money was arrested on Monday night at his residence in the Omole area of Lagos, Nigeria’s commercial city.
Sources within the commission on Tuesday said E-Money was arrested for allegedly spraying United States dollars, an act said to violate the Foreign Exchange Act.
One of the sources 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 who confirmed his arrest to PUNCH stated that E-Money is currently being flown to Abuja for questioning.
The source, who is not authorised to speak to the press, said, “Yes, he has been arrested and is being flown to Abuja as I speak, to face investigators on the issue.”
Taking to Instagram on Tuesday, Cubana Chief Priest defended E-Money and applauded his recent initiatives, especially his Easter “Homecoming” celebration aimed at uplifting the southeastern part of the country. He hinted that E-Money’s growing prominence may have unsettled certain powers who now wish to curb his influence.
“This is a guy who just did everything to push up Southeast with his just concluded Home Coming Concert this Easter. I knew they will come for him because they just saw his strength, they are doing this so they could break him so as to make him succumb in supporting them under duress,” he posted.
Cubana Chief Priest continued, “The oppression on us Igbos will never stop but let me tell all of you we will never stop. We don’t die we multiply more billionaires are coming up, come 2027 we will support & vote for who we want to, we wont be broken, we will even be stronger, we will reciprocate how we were treated with our energy, brotherhood, support, votes & affluence. #iam_emoney1 it’s nothing brother I have been there it will make you stronger it’s just like our Rolls Royce, 🦅 na location for the rich & famous na status symbol.”
Newsone recalls that Cubana Chief Priest himself faced similar legal scrutiny on April 17, 2024, for allegedly spraying cash during an event at Eko Hotel, Lagos.
He entered a not guilty plea and was granted ₦10 million bail. The charges were later dropped by Justice Kehinde Ogundare of the Federal High Court in Lagos after a settlement was reached.