Agents from the Economic and Financial Crime Commission (EFCC) have arrested Emeka Okonkwo, a popular businessman and music director in Nigeria, a company widely known as electronic currency.
The businessman was arrested on Monday night, April 28 for alleged abuse of naira and damage to foreign currency, according to the committee’s sources. Sources mentioned that electronic currency is under investigation in social activities that violate Nigeria’s monetary law and the Forex Act.
He is said to have been sent to Abuja for further inquiry.
The committee has not issued a statement on this development.
