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BREAKING: Fake PFIPC DG, Adeniyi Adeyemi Arrested

  • On Tuesday, Justice Mohammed Umar of the Federal High Court in Abuja issued a bench warrant for the arrest of Prince Adeniyi Adeyemi, the self-styled Director-General of the alleged 'non-existent' Presidential Foreign Investment Promotion Council .
  • Police investigations allege Adeyemi orchestrated a scheme involving forged appointment letters and government documents to portray the PFIPC as a legitimate agency; the probe began after a petition from the Office of the Chief of Staff to the President on October 17, 2025.
  • Justice Umar noted that since the case was filed, Adeyemi appeared before the court only once, then "failed to appear before this court on four consecutive dates." Although lawyer Genesis Francis announced his appearance on the defendant's behalf, the absences prompted the warrant.
  • Adeyemi, whose whereabouts remain unknown, claims he is avoiding public view due to threats on his life and has demanded an independent panel to investigate a N1.3 billion budget insertion for the Council in the 2026 Appropriation Bill.
  • Witnesses in the case include Chief of Staff Femi Gbajabiamila and civil servants from the Office of the Accountant General of the Federation; Adeyemi faces charges of impersonation, forgery, and fraud, with the court ordering his production for arraignment on September 30.
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Daily Trust broke the news on Tuesday, July 14, 2026.
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