E-Money Reacts to Report of Police Probe Over N1.2bn Dispute With Lagos Firm

E-Money Reacts to Report of Police Probe Over N1.2bn Dispute With Lagos Firm
Music executive E-Money has replied to a recent allegation saying that the police proclaimed him wanted in connection with a N1.2 billion dispute with Autocrop Limited. In response to this report, he used his Instagram account to share his feelings. In a statement issued on Thursday, May 9, he stressed that online stories circulating are "misleading and do not accurately depict the true nature of the situation." "Our attention has been called to the Punch Newspaper publication concerning the person of E-Money, CEO of Emy Cargo & Shipping Services Limited. The material presented in the publication is misleading and does not reflect the facts of the case Clearly, the news claiming a police investigation into a N1.2 billion disagreement between E-Money and Autocorp Limited is not accurate. The Nigeria Police is looking into a report filed by Autocorp Limited against Emy Cargo & Shipping Services Limited regarding a business transaction involving vehicle clearing in 2019/2020. "Unreservedly, E-money and Emy Cargo & Shipping Services Limited contacted the Police as a law-abiding citizen to provide correct data of the business dealings. As a result, we encourage the public to avert from spreading false rumours and sensationalised information. The truth is significantly more complex and does not justify the exaggeration depicted in recent headlines. Thank you. #itistoolatetofailamen."
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