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Reps panel uncovers 29 alleged forged documents linked to fake investment agency

The House of Representatives ad hoc committee investigating the activities of the purported Presidential Foreign Investment Promotion Council (PFIPC) says it has uncovered 29 allegedly forged official documents linked to the fake agency and its self-styled Director-General, Adeniyi Adeyemi Mathew.

Committee Chairman Yusuf Gagdi made the disclosure during the appearance of the Accountant-General of the Federation, Shamseldeen Ogunjimi, before the panel on Monday.

The committee had earlier questioned several senior government officials, including the Head of the Civil Service of the Federation, Mrs. Didi Esther Walson-Jack, and a director of the Central Bank of Nigeria (CBN).

Gagdi said the investigation revealed documents allegedly forged in the names of the State House, the Office of the Head of the Civil Service, the Office of the Secretary to the Government of the Federation, the Federal Ministry of Finance, and other government institutions.

One of the documents was said to contain a forged signature of the Chief of Staff to the President, Femi Gbajabiamila.

The committee also summoned 13 civil servants from the OSGF, the Office of the Accountant-General and the Office of the Head of the Civil Service to appear before it to explain their alleged involvement.

Lawmakers directed the Inspector-General of Police, Olatunji Disu, to produce Adeyemi before the committee by noon on July 29, 2026.

Adeyemi has been in police custody since his arrest in Osun State on July 15, 2026, following a bench warrant issued after he allegedly failed to appear in court over criminal charges filed by the police.

Gagdi said the committee needed the suspect to clarify issues arising from the disputed documents, adding that the integrity of individuals and government institutions was at stake.

Representing the IGP, Assistant Commissioner of Police Bashir Abdullahi confirmed that some documents issued in the name of the purported agency were fake.

He said the police had already filed an eight-count charge against the suspect before the Federal High Court, and that the case was ongoing.

According to Abdullahi, the police are avoiding public disclosure of details that could prejudice the investigation or ongoing judicial proceedings.

The committee, however, sought confirmation of documentary evidence already before it. Police confirmed that on October 17, 2025, the Chief of Staff to the President petitioned security agencies over allegations against Adeyemi, leading to investigations and criminal charges bordering on conspiracy and fraud.

Investigators also confirmed receiving another petition alleging that Adeyemi falsely presented himself as Director-General of both the Presidential Economic Advisory Council and the Presidential Foreign Investment Promotion Council.

According to the police, the suspect allegedly used the non-existent office to secure accommodation at the Federal Secretariat, seek approval to recruit about 300 staff, attempt to insert about $1.3 billion into the 2026 Appropriation Bill for the fake agency, and plan a World Investment Summit under the council’s name.

During the hearing, lawmakers compared signatures on disputed documents with authentic correspondence obtained from the police, and the police officer confirmed that the signatures did not match.

The committee said this reinforced concerns that official State House documents had been forged.

Gagdi noted that several government institutions had already appeared before the committee and formally disowned the documents attributed to them.

He stressed that the House investigation would continue independently and that its final report could recommend further action by security agencies.

In his testimony, Accountant-General Shamseldeen Ogunjimi gave a detailed account of all interactions between the Treasury and the purported council from November 2024 to date.

He maintained that every administrative step taken by his office followed established government procedures based on documents presented to the Treasury.

Ogunjimi said the first interaction occurred before he assumed office, when the Treasury received a November 7, 2024 letter on State House letterhead requesting an administrative code for the council.

Following standard procedure, code 0111062001 was generated and communicated to the State House on November 29, 2024, with a copy sent to the Budget Office of the Federation.

On the request for self-accounting status, he said the Treasury only granted a six-month provisional approval on March 26, 2025, after an inspection team found that the council had not met all required conditions.

He also explained that two Treasury staff previously deployed to the Office of the Chief Economic Adviser to the President were absorbed by the purported council without notifying the Treasury.

When the council later requested five additional staff members, only three were approved.

Regarding bank accounts, Ogunjimi said the council requested one Treasury Single Account (TSA) and two domiciliary accounts in US dollars and British pounds on July 11, 2025 for the proposed World Investment Summit.

The CBN approved the two domiciliary accounts for inflows only on August 13, 2025, while the TSA request was rejected. He added that the domiciliary accounts were never activated because the required conditions were not met.

On funding, Ogunjimi confirmed receiving a March 20, 2025 memo from the Ministry of Finance seeking advice on a proposed N27.4 billion take-off grant for the council.

He said no action was taken because there was no budgetary allocation for the agency in the 2025 Service-Wide Vote or any approved agency budget.

The Accountant-General insisted that no funds were ever released to the purported council under personnel, overhead, capital or intervention expenditure.

He concluded that the Treasury acted in good faith on what appeared to be official government documents and only later discovered that the documents were allegedly forged.

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