Barely one month after President Bola Tinubu ordered a full-scale investigation into the controversial Presidential Foreign Investment Promotion Council (PFIPC), the Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has uncovered evidence pointing to what could be one of the most audacious cases of alleged government impersonation in recent years.
The anti-graft agency has now submitted an interim report to the President, recommending the prosecution of the man who presented himself as the Director-General of the council, Adeniyi Adeyemi.
ICPC Chairman, Musa Aliyu, disclosed the development on Thursday after briefing President Tinubu at the Presidential Villa in Abuja, revealing that preliminary findings from the investigation painted a troubling picture of alleged forgery and impersonation.
According to Aliyu, investigators found no record indicating that the Federal Government ever established the Presidential Foreign Investment Promotion Council or appointed Adeyemi as its Director-General.
He disclosed that documents used to legitimise the council, including an appointment letter, official gazette and other government records, were discovered to be forged during the commission’s preliminary investigation.
The ICPC boss said the findings informed the agency’s recommendation that Adeyemi should face prosecution over the alleged offences.
The investigation follows President Tinubu’s directive issued about 30 days ago, instructing the anti-corruption agency to thoroughly probe the controversial council after questions emerged over its legality and operations.
The PFIPC controversy has since triggered multiple investigations by law enforcement agencies, with authorities examining allegations of forgery, impersonation, abuse of government identity and other suspected financial irregularities linked to the purported agency.
While the ICPC has only submitted an interim report, the commission indicated that investigations remain ongoing as it works to establish the full scope of the alleged scheme and determine whether other individuals may have played roles in the creation and operation of the disputed council.
The case continues to attract national attention as authorities seek to unravel how an organisation allegedly operating outside official government structures was able to project itself as a legitimate federal institution.
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