The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has uncovered two additional fake government agencies linked to the ongoing Presidential Foreign Intervention Promotion Council (PFIPC) scandal.
ICPC Chairman, Dr. Musa Adamu Aliyu, disclosed this after submitting an interim report to President Bola Tinubu at the Presidential Villa, Abuja.
According to the report, the alleged mastermind, Adeniyi Matthew Adeyemi, was never appointed by the Federal Government, while the PFIPC itself was not created by any law or executive order.
Investigations revealed that Adeyemi used forged documents to present himself as Director-General and took over facilities belonging to the defunct Presidential Economic Advisory Council (PEAC). The fake agency reportedly operated from government premises, engaged in impersonation, and carried out illegal activities.
The ICPC also identified two more fictitious bodies, the FCT Investment Promotion Agency (PIFA) and the Foreign Investment Promotion Agency (PIPA), which were allegedly created using forged legislative documents and used to open bank accounts for illicit transactions.
Authorities say the suspect later renamed the agency and attempted to expand its role to include revenue generation.
The commission, however, found no evidence that funds were officially approved or disbursed to the fake entities and stated there were no breaches in State House or Central Bank systems.
The report recommended the prosecution of Adeyemi, sanctions for public officials who may have enabled the scheme, and reforms to strengthen verification and oversight processes.
Officials from several government offices, including the Office of the Secretary to the Government of the Federation, the Accountant-General’s Office, and the Budget Office, were mentioned as possible collaborators.
The ICPC said investigations are ongoing, while President Tinubu has pledged transparency and accountability in addressing the scandal.
