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“E-Money is Not a Drug Baron”- Sources Claim

E-Money is Not A Drug Baron - Sources Claim

Funsho Akinwale

Over the years, there have been several controversies surrounding the wealth of Emeka Okonkwo aka E-Money.

While some accrue his wealth to drug dealing, others insist that he makes a fortune from money laundering.

Sources have, however, confirmed that the successful entrepreneur makes an honest living from his clearing and forwarding business.

It is from this business, the sources say, that he rakes millions daily.

The successful entrepreneur, whose clientele cuts across all age groups and the upper middle class in the country, is also said to be a Customs Agent at the Nigerian Ports Authority.

In an exclusive chat with one of his clients, who asked to remain anonymous, it was confirmed that the young billionaire deals exclusively with exotic cars, including Rolls Royce Phantom, Porshe, as well as Range Rover Sports and owns a fleet of them.

The client revealed that he was introduced to the young billionaire by another successful businessman, Dr. Cosmas Maduk, owner of the famous Coscharis Motors.

“That boy Emeka, is a thoroughbred businessman,” he said.

“For him to clear my newly customised SUV from abroad, he is charging me N100 million. But we are still negotiating.”

Other deep pockets that E-money is said to conduct business with include, Tayo Ayeni, owner of Skymit Motors, real estate billioniare, Sir Olu Okeowo, among others.

The stylish brother to popular Nigerian singer, Kcee, owns a chain of businesses within and outside the country, including Emmy Cargoes Limited.

Information pieced together by Happenings confirmed that the net worth of the successful entrepreneur, who gifted his wife a Rolls Royce Phantom for Christmas last year, is estimated at $10 million (N3.61 Billion).