Veteran filmmaker and Chief Executive Officer of Wale Adenuga Productions, Wale Adenuga, has responded to claims by actor Abiodun Ayoyinka, popularly known as Papa Ajasco, that he is broke. Ayoyinka sparked online reactions after alleging financial hardship despite his long-standing role in the popular TV series Papa Ajasco and Company.
In a statement released today, Adenuga dismissed insinuations of neglect and described the narrative as false and misleading, while providing details about his relationship with the actor and the structure of their professional engagement.
The media executive described Ayoyinka as a versatile actor who closely resembles the original character he created in 1976, adding that there had been no irreconcilable differences between them. Addressing claims of neglect, Adenuga stated that the production company had supported the actor over the years.
He further explained that the restriction on the use of the Papa Ajasco brand name for personal ventures was necessary to protect its integrity, but clarified that actors were free to take on other jobs.
