It read like a government agency. It had letterheads, an office in the Federal Secretariat, and a staff list of 39 people. But on Wednesday, the House panel investigating it dropped a bombshell: the Presidential Foreign Intervention Promotion Council never existed, and the man at its center allegedly built it on forged papers.
58 accounts, 12 fronts uncovered
Chairman of the House Ad Hoc Committee, Yusuf Adamu Gagdi, told reporters in Abuja that investigators have traced about 58 bank accounts to Prince Adeniyi Adeyemi. More than 30 were run in the names of nine different entities.
In all, the committee identified over 12 organisations allegedly linked to him, including Confederation of United Nations Youths, United Nations Youth Global Agency, World Entrepreneurship University Limited, and FCT Investment Promotion Agency.
“The accounts cut across personal, corporate, foundation and organisational names,” Gagdi said. The panel is now reconciling who signed, who owned, and who moved the money.
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A fake letter from the Presidency
The most explosive exhibit was an appointment letter. It named Adeyemi Director-General of PFIPC and carried what looked like the signature of Chief of Staff Femi Gbajabiamila.
The State House told the committee it was fake. No appointment was made. The letterhead was not authentic. The reference number did not match.
Gagdi said the committee “preliminarily finds that the purported appointment letter was fabricated and falsely attributed to the Presidency.” Records, he added, actually show Gbajabiamila alerted police, DSS, EFCC and NSA within 24 hours of the first red flag.
The panel also flagged a forged Executive Order and a doctored document presented as an Act of the National Assembly.
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A house of cards in the secretariat
Investigators say PFIPC occupied federal office space it was never allocated, paraded officials’ names without consent, and even processed special number plates to look official.
The committee urged banks to freeze relevant records and warned MDAs not to deal with PFIPC or its sister entities.
“No one will be condemned on allegation alone,” Gagdi said. “But the Presidency cannot be impersonated with impunity.”
A final report is expected in weeks.
