The House of Representatives ad hoc committee investigating the fictitious Presidential Foreign Intervention Promotion Council (PFIPC) has linked its purported director-general, Adeniyi Adeyemi, to about 58 bank accounts and 12 entities.
The committee disclosed this in its preliminary report released on Wednesday by its chairman, Yusuf Adamu Gagdi.
The panel was constituted following controversy over the inclusion of the PFIPC in the 2026 Appropriation Act.
According to the report, the committee’s preliminary findings were based on oral testimonies, documentary evidence, financial records and submissions from various government agencies.
The committee said its investigation established that no valid Act of the National Assembly or presidential order created the PFIPC.
It also said evidence obtained from the State House showed that Adeyemi was not appointed by the presidency to head the organisation.
The panel further found no evidence that Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, signed Adeyemi’s purported appointment letter.
“The Committee therefore preliminarily finds that the purported appointment letter was fabricated and falsely attributed to the Presidency,” the report stated.
It described the alleged fabrication and use of the document as a serious matter requiring further investigation and possible prosecution.
Among the entities 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 include 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.
Panel Flags OAGF, Budget Office Lapses
The committee also uncovered a forged letter dated November 7, 2024, purportedly originating from the State House and requesting the Office of the Accountant-General of the Federation (OAGF) to create or issue an administrative code for the PFIPC.
The letter was allegedly signed by an individual identified as Akambi Adewale, whom the committee said could not be found in State House records.
The panel accused the OAGF and the Budget Office of the Federation of institutional lapses in their handling of the purported organisation.
The OAGF reportedly acknowledged that its response to the forged letter should have been transmitted through an authenticated official channel rather than handed directly to Adeyemi.
The committee said it was investigating whether the circumstances resulted from negligence, failure to comply with verification procedures, breach of official correspondence protocols, wilful disregard of due process or deliberate facilitation.
It, however, stressed that no official would be condemned without a fair hearing.
The panel also said the Budget Office had been presented with documents purporting to establish the PFIPC as a federal institution, but noted that verifying the legal existence of any organisation is a fundamental requirement before its recognition within the federal budget framework.