E-Money reacts to Punch report on N1.2 billion police probe on soured car clearing deal

Admin I Thursday, May 09, 2024

 

LAGOS, Nigeria – Chairman Five Star Music and Chief Executive Officer of  Emy Cargo & Shipping Services Ltd, Mr. Emeka Okonkwo better known as E-Money is downplaying Punch report on investigation into the N1.2 billion  vehicle clearing  deal  his organisation executed for Autocorp Limited between 2019 and 2020.

In a press statement, E-Money described Punch publication on the issue as inaccurate and misleading but failed to provide details of the deal. 

He also accepted that E-Money and Emy Cargo & Shipping Service Limited have visited the police as  law abiding citizens to provide accurate details of the soured business dealings.

He however urged the public to stop spreading what he called sensational information and unfounded rumours.

According to him, “ the truth of the situation is far more nuanced and does not warrant the sensationalism portrayed in the recent reports”.