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N1.2BN DISPUTE: E-Money Debunks Police Probe Publication Says ‘Its Not An Accurate Representation Of Facts’

Madukwe Nwabuisi by Madukwe Nwabuisi
May 9, 2024 - Updated on May 10, 2024
in News Bite
Reading Time: 2 mins read
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N1.2BN DISPUTE: E-Money Debuanks Police Probe Publication, Says 'Its Not An Accurate Representation Of Facts'

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The Chief Executive Officer, Emy Cargo and Shipping Services Limited, Emeka Okonkwo, aka E-Money, has debunked reports that he is under investigation at the Force Criminal Investigation Department Annex, Alagbon, over alleged N1, 209,200,000 dispute with a vehicle dealing company, Autocorp Limited, in Lagos State.

It was earlier reported that a police source, who is privy to the case but pleaded anonymity, explained that Okonkwo and the aggrieved party had been invited for questioning, adding that another meeting had been scheduled for the case.

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Responding to the publication, via his X social media platform, Okonkwo said” Dear All, Our attention has been drawn to the Punch Newspaper publication affecting the person of E-Money, the CEO of Emy Cargo & Shipping Services Limited.

“The pieces of information contained in the said publication are misleading and do not represent the facts of the matter. Unequivocally, the news alleging a Police probe into a N1.2 billion dispute between E-Money and Autocorp Limited is not an accurate representation of facts.

“The Nigeria Police is investigating a report by Autocorp Limited against Emy Cargo & Shipping Services Limited on a business transaction regarding the clearing of vehicles in the year 2019/2020. Unreservedly,

“E-money, and Emy Cargo & Shipping Services Limited have visited the Police as a law abiding citizen to give accurate details of the business dealings.

“Accordingly, we urge the public to refrain from spreading unfounded rumors and sensationalized information. The truth of the situation is far more nuanced and does not warrant the sensationalism portrayed in recent reports. Thank you.”

Madukwe B. Nwabuisi
Madukwe Nwabuisi

Madukwe B. Nwabuisi is an accomplished journalist renown for his fearless reporting style and extensive expertise in the field. He is an investigative journalist, who has established himself as a kamikaze reporter.

Tags: E-moneyN1.2BN DISPUTE: E-Money Debunks Police Probe Publication Says 'Its Not An Accurate Representation Of Facts'Police

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