.ABUJA, Nigeria — A House of Representatives ad hoc committee investigating an alleged fake government agency has linked its purported leader to 58 bank accounts and 12 separate entities, while completely clearing Chief of Staff to the President Femi Gbajabiamila of any involvement.
According to a preliminary report released on Wednesday by the House panel, chaired by Representative Yusuf Gagdi, financial records and Bank Verification Number (BVN) details connected the alleged Director-General of the Presidential Foreign Intervention Promotion Council (PFIPC), Prince Adeniyi Adeyemi, to an extensive network of personal, corporate, and foundation accounts.
The panel established that the PFIPC was never lawfully created by any Act of the National Assembly, gazetted enactment, or Presidential Executive Order. Investigators found that documents used to simulate the agency’s official status showed clear evidence of forgery, fabrication, and the unauthorized use of government identities.
Addressing the fraudulent appointment letter that initially implicated the State House, the committee confirmed that Gbajabiamila neither signed nor authorized the document. State House records verified that no such appointment was ever made, noting that the Chief of Staff immediately alerted security agencies to investigate the fraud upon learning of it.
Among the panel’s key financial findings was an alleged ₦400 million transaction where a private firm reported being induced by Adeyemi into making four installment payments, believing the funds were for the renovation and furnishing of his official residence.
Gagdi emphasized that while these preliminary findings point to significant irregularity, final determinations of criminal guilt remain strictly with the courts. The committee recommended that law enforcement and anti-corruption agencies finalize their inquiries for prosecution while urging an immediate freeze on any public funding or releases to the fake entity.
