Popular Nigerian comedian and actor Ayo Makun, widely known as AY, has confirmed that he was recently questioned by the Economic and Financial Crimes Commission (EFCC) over alleged abuse of the Naira.
In a statement posted on his Instagram account on Wednesday, AY revealed that he was invited to the EFCC office on Monday, May 5, for inquiries related to the spraying of local and foreign currencies at a recent social event — a practice prohibited under the Central Bank of Nigeria (CBN) regulations on currency mutilation.
“I am grateful to God for His mercy and guidance,” AY wrote. “On Monday, I was invited by the EFCC regarding an incident involving the public spraying of both local and foreign currencies, an act that has been classified as an offense related to the abuse of the Naira.”
He added that after thorough questioning, the EFCC confirmed the sprayed cash was not linked to any illicit activity, and he was subsequently granted a pardon.
This incident comes amid a broader crackdown by Nigerian financial authorities on the abuse of the Naira, especially at parties and high-profile public events. The EFCC and CBN have reiterated that spraying, selling, or defacing the Nigerian currency in any form is punishable under existing financial laws.
Sources: Ayo Makun’s official Instagram, EFCC Public Advisory on Currency Mutilation
