\n\n
The Independent Corrupt Practices and Other Related Offences Commission has uncovered additional fictitious government agencies in its investigation into the Presidential Foreign Intervention Promotion Council scandal. The development was disclosed after ICPC Chairman Musa Aliyu briefed President Bola Tinubu, who directed a comprehensive forensic investigation into government processes, procedures and internal controls that allowed the fake entities to operate.
The ICPC had earlier identified two other fictitious bodies allegedly linked to Adeniyi Adeyemi, the self-proclaimed Director-General of the PFIPC: the FCT Investment Promotion Agency and the Foreign Investment Promotion Agency and Public-Private Partnership. Investigators said forged documents and legislative instruments were allegedly used to support the agencies’ creation and open bank accounts. However, the ICPC said it found no evidence that Federal Government funds were approved or disbursed to the fake PFIPC.
The forensic review will examine weaknesses in government procedures and internal controls that permitted the fictitious agencies to emerge and gain apparent legitimacy. The ICPC has also recommended the prosecution of Adeyemi over alleged forgery, impersonation and related offences, while investigations continue into possible collaborators and other individuals who may have facilitated the scheme.
