CITIZENS COMPASS— The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has established that the controversial ‘fake’ presidential agency, Presidential Foreign Investment Promotion Council (PFIPC), was fake just as it indicated the ‘fake’ Director General, Adeniyi Adeyemi.
ICPC during investigations exonerated the presidency on the matter.
This was contained in the interim report presented by the commission’s chairman, Musa Adamu, to President Bola Ahmed Tinubu at the Presidential Villa in Abuja.
Musa Adamu said the report disclosed key findings from the investigation.
He said the probe established that Adeyemi was never appointed by the Federal Government and that the PFIPC was not created by the rule of law.
According to him: The appointment letter presented by the suspect, along with other supporting documents, was completely forged and did not originate from the Presidency.
No Federal Government funds were approved or disbursed to the fake agency, and no security breach was found within the Presidency or the Central Bank of Nigeria.
These lapses, compounded by negligence on the part of some public officers, enabled the suspect to operate unchecked.
Adamu said the commission has uncovered two additional fake agencies allegedly operated by Adeniyi Matthew Adeyemi.
He disclosed this while briefing State House correspondents after submitting the commission’s interim report to Bola Tinubu at the Presidential Villa, Abuja saying: These agencies were created using forged legislative instruments and were used to open bank accounts for illegal activities.
Aliyu further revealed that Adeyemi altered the name of the fake council from Foreign Investment Promotion Council to Foreign Intervention Promotion Council and attempted to expand its mandate to include revenue generation.
The investigation said no funds were approved or disbursed for the fake PFIPC/PEAC, and there were no weaknesses in the State House or CBN system.
