House Committee Report: 58 Bank Accounts Tied to Adeyemi, Clears Gbajabiamila

The House of Representatives panel looking into the alleged setup of the Presidential Foreign Intervention Promotion Council (PFIPC) has revealed a complex scheme. This includes claims of forged presidential documents, changes to a National Assembly Act, and the wrongful use of names and identities of top government officials to make the agency seem legitimate.

The committee also noted that around 39 people were claimed to work for the organization. Additionally, about 58 bank accounts were linked through the Bank Verification Number (BVN) and other details tied to Adeniyi Adeyemi, who called himself the council’s director-general.

The committee, led by Yusuf Gagdi (APC Plateau), shared these findings on Wednesday in Abuja. They released the report after several weeks of looking into how the organization functioned within the federal system, even though the government stated it was never legally formed.

The findings followed concerns about how this alleged government body managed to get included in the 2026 Appropriation Act, set up office space in the Federal Secretariat, get official-looking number plates, and build connections with various government agencies.

The committee said its findings were based on spoken evidence, documents, financial records, and information received from government bodies, private organizations, supposed employees, and claimed victims. They highlighted that these findings are preliminary and not the final report or decision of the House.

No Law Established PFIPC

The committee found no valid Act of the National Assembly, official enactment, presidential order, or any other legal authority creating the PFIPC. They noted that none of the government bodies that came before them could provide proof that the organization was created or approved by President Bola Tinubu, the Federal Executive Council, or any other competent authority.

They also pointed out that the organization used different names, including the Presidential Foreign Intervention Promotion Council and the Presidential Economic Advisory Council. "These inconsistencies, alongside the documentary evidence, significantly weaken any claim that the entity had lawful governmental status," the committee stated.

This investigation began after the House adopted a motion from Mr Gagdi on 8 July, following lawmakers’ concerns over the council's inclusion in the 2026 federal budget. A review of the 2026 Appropriation Act showed an allocation of about ₦1.3 billion to the Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council under the Presidency. The committee was also tasked with looking into a reported ₦27.4 billion start-up grant linked to the council.

But the preliminary findings showed the committee was still figuring out if any funds or financial releases were made for the alleged council.

Forged Appointment Letter

One of the key findings involved a document that Mr Adeyemi claimed showed he was the director-general of the organization. The committee said the document falsely indicated that the Presidency had appointed Mr Adeyemi and bore the signature of the Chief of Staff to the President, Femi Gbajabiamila.

However, evidence from the State House showed that no such appointment was made or approved. The committee stated that the Chief of Staff neither issued nor signed the letter.

They also found that the letterhead was not a genuine State House letterhead. The reference number was inconsistent with the State House’s official system, and the format and language differed greatly from official letters. "The committee therefore preliminarily finds that the purported appointment letter was fabricated and falsely attributed to the Presidency. Such acts, if proven, would seriously undermine the integrity of the Office of the President," Mr Gagdi said.

Purported Executive Order is Also Fake

The committee also checked a document called "Presidential Executive Order No. 5 of 24 February 2026," which was said to be the legal basis for the organization. Mr Gagdi noted that evidence suggested this document was neither issued nor approved through the proper channels of the Presidency.

He added that presenting a fake executive order is serious because it carries the authority of the president. The committee said any attempt to create such an order to gain official recognition or financial benefits is an attack on executive authority.

Purported Act of Parliament Allegedly Altered

The committee found a document claimed to be an Act of the National Assembly establishing the organization. They said neither chamber of the National Assembly passed the document, nor was it signed by the president, or published as an Act of the Federation.

They said the document did not fit the characteristics of official Acts of Parliament. More concerning, parts of another document seemed to have been altered to make it look like Parliament had approved the establishment of the PFIPC or PEAC.

Forged Letter Used to Get Government Code

The investigation also found a letter dated 7 November 2024, supposedly from the State House to the Accountant-General of the Federation (OAGF), asking for an administrative code for the PFIPC. The letter was allegedly signed by Akambi Adewale, who was said to be a director in the State House.

However, the State House found that the office mentioned in the letter did not exist, and there was no one named Mr Adewale in that role. The letter was neither issued nor authorized by the State House. The committee noted that fake names and positions were used to mislead a key financial body of the federal government.

Accountant-General’s Office to be Investigated

While the committee found proof of forgery, it also looked at the government bodies that acted on documents from the alleged agency. The OAGF confirmed that its response to the supposed State House request was real but acknowledged it should not have been given to Mr Adeyemi or anyone else unauthorized.

The committee called this a serious security lapse. They are investigating whether this happened due to carelessness, poor verification, or deliberate actions. "No officer will be condemned without a fair hearing. But no proven breach of public duty will be ignored," the committee stated.

Fake Agency Occupied Federal Office

The committee discovered that the alleged agency had office space in the Federal Secretariat Complex in Abuja without legal permission. Their preliminary findings showed that space previously assigned to the Office of the Secretary to the Government of the Federation was later given to the alleged organization by some officials.

The committee mentioned that being based in the Federal Secretariat helped the organization present itself to the public and other government bodies as a legitimate entity. "The committee is figuring out the identity, authority, and responsibility of each officer involved in the unauthorized use of that office," Mr Gagdi said.

Seven Official Number Plates

The investigation revealed that the organization got official-looking number plates for its vehicles. The committee said misleading documents were provided to the Federal Road Safety Corps (FRSC) for this approval. The FRSC earlier admitted that it issued seven official number plates to the alleged council based on the documents presented by them.

The registered vehicles included a 2024 bulletproof Lexus LX, two Toyota Land Cruiser SUVs, and four Toyota Hilux vehicles, which received registration numbers PFIPC 01 to PFIPC 07 after checking their chassis numbers. The committee is looking into the applications and approvals to understand everyone's role.

About 39 People Presented as Staff

The alleged agency also had staff members. According to preliminary findings, around 39 people were presented as workers in various roles. The committee is investigating how these workers were hired, who gave them their appointment letters and ID cards, whether they received salaries, and if anyone paid money to get a job.

They want to separate those who were victims of the alleged scam from those who knowingly took part or gained from the agency's actions.

58 Bank Accounts Linked to Adeyemi

The committee discovered a web of bank accounts connected to Adeyemi. They said information from financial institutions showed that the BVN and other details tied to him linked to around 58 bank accounts. More than 30 of these accounts were reportedly linked to nine agencies, companies, or related groups, while others were in personal or different names.

The organizations named include the Confederation of United Nations Youths, FCT Investment Promotion Agency, and several others. The committee warned that it has not yet determined if every account or entity mentioned is illegal. They are checking registration documents, ownership information, account mandates, and transaction histories to understand the situation.

This finding comes just days after PREMIUM TIMES reported an ICPC investigation that claimed Mr Adeyemi set up other fake agencies and used forged documents to open bank accounts in their names.

₦400m Alleged Fraud

The committee also received complaints from individuals and companies who said they were tricked into believing PFIPC was a real federal body. A major allegation involves ₦400 million reportedly paid by a businessman, Gbenga Collins, to Mr Adeyemi.

Mr Collins told the committee he paid this money after Mr Adeyemi offered his company a government contract to renovate and furnish an official residence. He said he paid in five installments between May and July 2025. Four payments totaling ₦380 million went into an account for World Entrepreneurs Limited, while the last ₦20 million went to an Access Bank account for Sunshine Confectionery and Catering Services.

Mr Collins believed Mr Adeyemi was a legitimate government official because of his office in the Federal Secretariat, government number plates on vehicles, and the people he met there. The committee is tracing where the money went, identifying account holders, and checking if any public officer was involved.

Gbajabiamila Cleared by Preliminary Evidence

The committee also responded to allegations made by Mr Adeyemi against Mr Gbajabiamila. Mr Adeyemi claimed that the Chief of Staff demanded a share of a reported ₦27.3 billion start-up grant and that ₦400 million was paid through a proxy.

Mr Gbajabiamila denied these claims and filed a ₦15 billion defamation suit against Mr Adeyemi. The committee said its evidence did not show that Mr Gbajabiamila was involved in the activities of the alleged organization. Instead, documents indicated that the Chief of Staff took steps to alert security agencies after concerns about the organization were raised.

According to the committee, Mr Gbajabiamila contacted the police, the National Security Adviser’s office, the Department of State Services, and the EFCC after receiving a warning from the Nigerian Investment Promotion Commission about suspected fraudulent activities.

Security Agencies Asked to Finish Probe

The House committee praised the Nigeria Police Force, SSS, EFCC, ICPC, and the National Security Adviser’s office for their help with the investigation. They said these agencies assisted in tracing forged documents, financial accounts, and people connected to the alleged organization.

The committee asked these agencies to finish their investigations, keep evidence safe, trace suspected proceeds, and prosecute anyone if enough evidence is found. Mr Adeyemi is facing an eight-count criminal charge in the Federal High Court in Abuja over issues linked to the alleged agency.

The police have accused him and two others, Femi and Anu, of conspiracy and forgery. He is also charged with falsely claiming to be the director-general of PFIPC. His court appearance has been postponed several times, and a judge ordered his arrest after he failed to show up. The police later arrested him, and the court set 30 September for his arraignment.

Committee Wants Forensic Check of Government Systems

Beyond Mr Adeyemi and the alleged PFIPC, the House committee said the investigation revealed weaknesses in the government's internal controls. These include failures to confirm the legal existence of agencies, create administrative codes, authenticate official documents, verify appointments, allocate office space, and process number plates.

The committee also found issues in protecting government letterheads, signatures, sharing information between agencies, and following parliamentary invitations. They believe the organization could not have gained its apparent legitimacy through forged documents without these weaknesses in government institutions.

The committee recommended better verification procedures for new government bodies, administrative codes, budget codes, and documents claiming to come from the Presidency. They also suggested a centralized digital system to verify the legal standing of every federal ministry, department, and agency.

What Happens Next?

The committee said its investigation is ongoing. They will reconcile the ownership of entities linked to Mr Adeyemi, determine the number and control of bank accounts, analyze transactions, and identify beneficiaries.

They will also look into officials involved in giving the Federal Secretariat office, issuing special number plates, and processing the PFIPC’s budget. The committee plans to find out who created and benefited from the allegedly forged documents and trace the source of the alleged executive order and Act of Parliament.

They will compile a verified list of claimed victims and financial losses and investigate the reported ₦400 million transaction. The committee stated that any evidence supporting criminal charges would be sent to the relevant investigative and prosecutorial bodies. They emphasized that only a competent court can determine criminal guilt. The final report will be presented to the House for discussion, debate, and possible action.