Popular Nigerian comedian and Nollywood actor Ayo Makun, widely known as AY, has confirmed that he was questioned by the Economic and Financial Crimes Commission (EFCC) on Monday, May 5, 2025, concerning allegations of currency abuse.
In a statement shared on his Instagram page on Wednesday, May 7, 2025, AY revealed that the EFCC had summoned him following the public display and spraying of both Nigerian and foreign currencies at a recent social gathering.
According to the filmmaker, the anti-graft agency granted him a pardon after verifying that the funds used during the event were not connected to any criminal activity or an unlawful source.
Expressing his gratitude, AY thanked the EFCC and other involved authorities for their fair handling of the matter and their understanding.
He used the opportunity to urge the public to be mindful of the Central Bank of Nigeria’s regulations, which prohibit the spraying or mishandling of the Naira and other currencies.
Reflecting on the incident, AY wrote: “I’m thankful to God for His mercy and for being guided through this experience.
“My invitation by the EFCC was related to the spraying of money, both local and foreign, during a recent celebration. This act is regarded as currency abuse under Nigerian law.
“I appreciate the EFCC for their investigation and for acknowledging that the money involved was not illicit.”
He emphasised that although money spraying is a common cultural expression during celebrations like weddings and funerals, it is important to recognise that such practices violate legal guidelines.
AY urged Nigerians to respect the Naira and avoid actions that could degrade its value or legal standing.
He concluded by calling for greater public awareness and respect for the nation’s currency, highlighting its importance as a symbol of sovereignty and economic stability.
