House Of Reps Releases PFIPC Probe Report, Links 12 Entities, 58 Bank Accounts To Adeyemi

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House Of Reps Releases PFIPC Probe Report, Links 12 Entities, 58 Bank Accounts To Adeyemi

By Damilare Adeleye

The House of Representatives has released the preliminary report of its investigation into the controversial Presidential Foreign Intervention Promotion Council (PFIPC), alleging that 12 agencies and entities as well as approximately 58 bank accounts are linked to the council’s purported Director-General, Prince Adeniyi Adeyemi.

The report was presented on Wednesday by the Chairman of the ad hoc committee conducting the investigation, Yusuf Adamu Gagdi.

The committee was constituted by the House following controversy over the inclusion of the PFIPC in the 2026 Appropriation Bill, despite questions surrounding its legal status and establishment.

According to the preliminary report, the committee based its findings on oral testimonies, documentary evidence, financial records and submissions from various government agencies.

The lawmakers said their investigation found no valid Act of the National Assembly or presidential order establishing the PFIPC.

The committee further said evidence obtained from the State House indicated that the Presidency did not appoint Adeyemi as Director-General of the purported council.

It also said it found no evidence that the President’s Chief of Staff, Femi Gbajabiamila, signed Adeyemi’s appointment letter.

“The Committee therefore preliminarily finds that the purported appointment letter was fabricated and falsely attributed to the Presidency,” the report stated.

The lawmakers described the alleged fabrication of the document as a serious matter, saying any attempt to create or deploy a document suggesting that the President or his Chief of Staff authorised the appointment could have serious legal implications.

The report added that the alleged conduct, if established through the appropriate criminal process, would amount to “a grave assault on the integrity of the Office of the President and the official identity of the Federal Government.”

Among the 12 entities the committee said were linked to Adeyemi are the Confederation of United Nations Youths; FCT Investment Promotion Agency and Public-Private Partnership; FCT Investment Promotion Council and Public-Private Partnership; Foreign Investment Promotion Agency; United Nations Youth Global Agency; and United Nations Youth Global Foundation.

Others listed are World United Nations Youth Global Foundation; World Entrepreneurship University Limited; World Enterprise University Limited; FCT Investment Promotion Act; FCT Promotion Agency; and Olubadan of Ibadan Foundation.

The committee said its preliminary investigation showed that approximately 58 bank accounts were associated with the entities.

The lawmakers also disclosed that they uncovered what they described as a forged letter dated November 7, 2024, purportedly emanating from the State House and addressed to the Office of the Accountant-General of the Federation (OAGF).

According to the report, the letter sought the creation or issuance of an administrative code for the PFIPC.

The document was purportedly signed by an individual identified as Akambi Adewale, whom the committee said could not be found in the records of the State House.

The committee also raised concerns over the handling of the correspondence by the OAGF and the Budget Office of the Federation, describing the circumstances as evidence of possible “institutional lapses.”

The OAGF, according to the report, acknowledged that its response to the purported letter should have been sent through a properly authenticated official channel rather than being released directly to Adeyemi.

“The office (OAGF) further acknowledged that the response ought not to have been released to Prince Adeniyi Adeyemi or any other unauthorised person but should have been transmitted through a properly authenticated official channel,” the report stated.

The committee said it considered it a serious administrative and security lapse that correspondence addressed to the State House could allegedly have been collected by a person connected to the purported forged request.

It said it was investigating whether the incident resulted from negligence, failure to comply with basic verification procedures, breach of official correspondence protocols, deliberate disregard for due process or intentional facilitation.

The committee, however, stressed that no government official would be condemned without being given an opportunity to respond.

“No officer will be condemned without fair hearing. Equally, no proven breach of public duty will be overlooked,” the report stated.

On the Budget Office, the committee said the agency had provided extensive submissions concerning its dealings with the purported organisation.

It said preliminary evidence indicated that the Budget Office had been presented with documents purporting to establish the PFIPC as a federal institution.

However, the lawmakers maintained that an institution’s legal existence must be verified before it can legitimately be recognised within the Federal Budget Framework.

The committee said its findings remain preliminary as investigations continue, with further scrutiny expected into the alleged fabrication of official documents, the financial transactions involving the identified accounts and the roles played by individuals and government institutions in the emergence and recognition of the purported PFIPC.

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Originally published on www.thenigerianvoice.com

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