The ad-hoc Committee investigating the purported Presidential Foreign Intervention Promotion Council (PFIPC) said, among other findings, that it uncovered at least 12 agencies, companies, foundations and organisations allegedly linked to the self-acclaimed Director-General of the council, Prince Adeniyi Adeyemi, as well as about 58 bank accounts
The House of Representatives Ad Hoc Committee investigating the purported Presidential Foreign Intervention Promotion Council (PFIPC) has uncovered at least 12 agencies, companies, foundations and organisations allegedly linked to the self-acclaimed Director-General of the council, Prince Adeniyi Adeyemi, alongside about 58 bank accounts connected to the network.
The committee, however, exonerated the Chief of Staff to the President, Rt. Hon. Femi Gbajabiamila, from allegations that he authorised, established or participated in the activities of the purported government agency.
The committee said its preliminary findings showed that the PFIPC was never lawfully established by the Federal Government, while documents allegedly used to give the organisation an appearance of legitimacy included forged presidential correspondence, a fake Executive Order and a mutilated document purported to be an Act of the National Assembly.
The findings were contained in a statement presented by the Chairman of the Ad Hoc Committee, Rep. Yusuf Adamu Gagdi, following an investigation ordered by the House.
According to the committee, information obtained from financial and investigative institutions showed that the Bank Verification Number and other identifying details associated with Adeyemi, who was also referred to in some records as Adeyemi Matthew, were linked to a substantial network of personal, corporate, organisational and foundation accounts.
The entities identified by the committee include 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; United Nations Youth Global Foundation; 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 preliminary financial information indicated that approximately 58 bank accounts were linked through the relevant identifying information, with more than 30 of the accounts apparently operated in the names of about nine agencies, companies, foundations or related entities.
It stressed, however, that the identification of the accounts and entities did not mean that every account, entity or transaction had been established as unlawful.
“The Committee has not concluded that every identified account, entity or transaction was unlawful,” the statement said, adding that it was still reconciling registration records, account mandates, beneficial ownership information, signatories and transaction histories.
The lawmakers said similarities in the names, objectives, management structures, signatories and bank-account relationships had raised concerns about a possible pattern of creating or deploying multiple organisations using governmental, international, investment, educational, charitable, foundation and United Nations-related identities.
The committee said evidence before it suggested that Adeyemi might have been connected, directly or indirectly, with more than 12 such entities.
It is investigating whether the entities were created or used to build artificial credibility, solicit funds, obtain investments, secure official recognition, gain access to government facilities or induce members of the public to part with money.
PFIPC Not Established By Law
The committee said it found no valid Act of the National Assembly, gazetted enactment, presidential Executive Order, administrative instrument or other lawful authority establishing the PFIPC.
It also said none of the relevant government institutions produced an authentic record showing that the organisation was created, approved or authorised by President Bola Tinubu, the Federal Executive Council, the National Assembly, the Office of the Secretary to the Government of the Federation or any other competent authority.
The committee noted that the organisation had operated under inconsistent names, including the Presidential Foreign Intervention Promotion Council and the Presidential Economic Advisory Council, further undermining its claim to lawful government status.
Fake Appointment Letter
The lawmakers also investigated a document purporting to appoint Adeyemi as Director-General of the organisation.
The document was presented as an official communication from the Presidency and purportedly carried the authority and signature of Gbajabiamila.
However, evidence obtained from the State House showed that no such appointment was made or approved by the Presidency and that the Chief of Staff neither issued nor signed the letter.
The committee said the letterhead was not authentic State House letterhead, while the reference number, format, language and administrative features differed materially from official State House correspondence.
It therefore preliminarily concluded that the appointment letter was fabricated and falsely attributed to the Presidency.
Gbajabiamila Cleared
Despite the purported appointment letter bearing his name and alleged authority, the committee said its investigation found no evidence linking Gbajabiamila to the establishment or operation of the purported organisation.
Rather, it said official correspondence showed that the Chief of Staff had previously acted on concerns raised about the organisation.
According to the committee, the Chief of Staff responded within one day to an alert from the Nigerian Investment Promotion Commission (NIPC) concerning suspected fraudulent activities and misuse of institutional materials.
It said Gbajabiamila subsequently communicated with the Nigeria Police Force, Office of the National Security Adviser, Department of State Services and Economic and Financial Crimes Commission, while also initiating administrative verification through relevant government institutions.
The committee said further action was taken when additional concerns emerged, including issues surrounding a proposed World Investment Summit.
“The documentary evidence presently before the Committee does not establish that the Chief of Staff authorised, approved, established or participated in the activities of the purported organisation,” the lawmakers said.
“On the contrary, the evidence demonstrates repeated steps to secure investigation, institutional verification and appropriate administrative action.”
The committee consequently commended Gbajabiamila for what it described as timely security and administrative interventions whenever the matter was formally brought to his attention.
Fake Executive Order, National Assembly Act
The investigation also uncovered documents purportedly presented as a Presidential Executive Order and an Act of the National Assembly establishing the organisation.
The committee said the document described as Presidential Executive Order No. 5 of February 24, 2026, was not an authentic Executive Order and had neither been issued nor approved through lawful presidential processes.
Similarly, a document presented as an Act of the National Assembly was found not to have been enacted by Parliament, passed by both chambers, assented to by the President or gazetted.
The committee said portions of a document relating to another institution appeared to have been electronically altered, mutilated or substituted to create the impression that the National Assembly had enacted legislation establishing the purported organisation.
Alleged N400m Transaction
The committee also disclosed an allegation involving approximately N400 million.
It said a company had alleged that Adeyemi induced it to make payments totalling about N400 million in four instalments after representing that the company would receive a contract involving the renovation, furnishing or improvement of a residence purportedly allocated to him as his official residence as Director-General.
The company allegedly said its representatives were taken to a residential property in Abuja and told that it was the purported official residence.
The committee said it was tracing the payment destinations, account holders and beneficial owners, while also verifying the ownership and status of the property.
It stressed that the allegations remained subject to further investigation and due process.
39 People Allegedly Paraded As Staff
The committee further disclosed that approximately 39 people were allegedly presented as employees of the purported organisation across junior, intermediate and senior cadres.
It said it was investigating their recruitment, appointment letters, identity cards, salaries and allowances, as well as allegations that some people may have paid money as a condition for employment.
The lawmakers said they would distinguish between individuals who were themselves deceived and those who knowingly participated in or benefited from the activities under investigation.
The committee also raised concerns over the alleged unauthorised occupation of office accommodation within the Federal Secretariat Complex and the procurement of special number plates for vehicles associated with the purported organisation.
It said these actions may have helped create an impression that the organisation was a legitimate federal agency.
Committee Calls For Further Probe
The committee said its investigation was still ongoing and that its findings were preliminary and did not constitute the final position of the House of Representatives.
It is expected to reconcile the ownership and legal identities of the associated entities, verify the exact number and control of the bank accounts, analyse financial transactions, identify beneficial owners and determine the roles of public officials and private individuals connected with the matter.
It will also investigate the alleged N400 million transaction, determine whether any federal appropriation, warrant, cash backing or financial release was made to the purported organisation and identify the authors and beneficiaries of the allegedly forged documents.
The committee recommended that relevant security and anti-corruption agencies conclude their investigations and, where sufficient admissible evidence exists, institute appropriate criminal proceedings in accordance with the law.
It also called for measures to preserve, trace, freeze and recover proceeds of any established unlawful activity, subject to due process and applicable judicial requirements.
The committee emphasised that criminal guilt can only be determined by a court of competent jurisdiction and that all persons affected by the preliminary findings remain entitled to fair hearing.
It said the final report would be submitted to the House for consideration, debate and possible adoption, amendment or rejection.
The committee said the investigation ultimately seeks to protect the integrity of the Presidency, the National Assembly and the Federal Budget Process from impersonation, fabrication and unauthorised appropriation of government identity and authority.
