Billionaire E-money, Set To Lose Assets As IG Orders Probe Into His Source Of Wealth

Inspector-General of Police, Mohammed Adamu, has ordered a probe on Nigerian billionaire, Emeka Okonkwo popularly known as E-Money. The IG has ordered the investigation of the CEO of the Five Star Group and he didn't stop there, he also withdrew all his police escorts.

It was learnt that the business tycoon, who is the sibling of the singer, Kingsley Okonkwo also known as K-Cee, had provoked the IG when it was discovered that he was using policemen like they were his domestic servants. 

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The IG immediately issued an order to the Lagos State Police Command to withdraw all six policemen attached to E-Money. 

A top police source revealed that;

“We received a signal from the Force headquarters on Monday that the police detail of music executive, E-Money, be immediately withdrawn and an investigation into the man be launched. 

“The IG was surprised that policemen were attached to him in the first place and were being used like domestic servants, carrying umbrellas, opening doors, and doing menial jobs for him. 

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“The policemen were discovered to be attached to B Operations at the command headquarters and not MOPOL which is the usual practice. So, we have withdrawn his policemen and we are inviting him for questioning. The policemen will also be interrogated.”

E-Money is known for his flashy lifestyle. He goes overboard with his luxurious lifestyle which earned him another nickname, ‘Arab money’.

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His garage has two Rolls Royce, two Mercedes Benz G Wagons and other Sports Utility Vehicles worth billions of naira contained in it. 

He is reportedly into Oil and Gas and Emmy Cargoes Nigeria Limited formerly called Borisa Nigeria Limited  (a shipping company) and also has a different chain of businesses abroad.