The Chief Executive Officer (CEO) of Emy Cargo and Shipping Services Limited, Emeka Okonkwo, popularly known as E-Money, has debunked a report that he is under investigation over an alleged N1,209,200,000 deal.
A report had emerged that E-Money is under investigation at the Force Criminal Investigation Department Annex, Alagbon in Lagos State, over an alleged N1.2 billion dispute with vehicle dealing company Autocorp Limited in the state.
Reacting, the billionaire businessman said the information contained in the report were misleading and did not represent the facts of the matter.
E-Money, in a statement shared on his Instagram account on Thursday, May 9, 2024, disclosed that the police are investigating a report by Autocorp Limited against his company on a business transaction regarding the clearing of vehicles between 2019 and 2020.
E-Money vows to raise Junior Pope’s children
He added that he visited the police to give accurate details of the business dealings.
The statement read: “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 rumours and sensationalized information. The truth of the situation is far more nuanced and does not warrant the sensationalism portrayed in recent reports.”
The Federal Airports Authority of Nigeria (FAAN) has announced the arrest of four suspected bandits…
Operatives of the Nigeria Police Force in Nasarawa State have uncovered a suspected kidnappers’ hideout,…
Troubled Tottenham rescued a 1-1 draw at Liverpool thanks to Richarlison's late leveller, while Manchester…
The Sultan of Sokoto, Muhammadu Sa’adu Abubakar III, on Sunday paid a courtesy visit to…
The Federal Government has to accused an embattled mining company, Jupiter Ltd, of planning what…
Troops of the Nigerian Army under the Joint Task Force North East, Operation Hadin Kai,…
This website uses cookies.