Police Report Says PFIPC Was Fictitious Agency, Recommends Freezing 34 Bank Accounts

An interim police investigation has concluded that the Presidential Foreign Intervention Promotion Council (PFIPC) was a fictitious organisation allegedly created through forged government documents and impersonation, following a petition from the Office of the Chief of Staff to the President.

The report states that the investigation began after the Chief of Staff’s office alerted the Inspector-General of Police on October 17, 2025, over alleged forged appointment letters purportedly issued in its name.

According to investigators, forged documents bearing fake signatures, official seals, reference numbers and the Nigerian Coat of Arms were used to create the impression that the PFIPC was an official federal government agency.

Police identified Prince Adeniyi Adeyemi Mathew as the principal suspect, alleging that he presented himself as the Director-General of the council while operating from the Federal Secretariat Complex in Abuja.

The report further alleged that Adeyemi met with local and foreign stakeholders in his assumed capacity and wrote to the Ministry of Foreign Affairs requesting a Note Verbale to support visa applications for individuals described as PFIPC staff.

Police arrested the suspect on October 27, 2025, before executing search warrants at his office and residence, where investigators reportedly recovered forged appointment letters, official stationery and correspondence addressed to government institutions.

Investigators said Adeyemi told them that the appointment letter naming him Director-General had been facilitated by Dolapo Babatunde Tanimola. However, police said Tanimola had died in a fire at Kachi Hotel, Utako, before the suspect’s arrest, a claim they said was corroborated through interviews and official records.

The report also disclosed that three officials posted from the Office of the Accountant-General to the PFIPC office informed investigators they carried out no official duties during their posting.

Financial investigations conducted with the Nigerian Financial Intelligence Unit allegedly revealed that Adeyemi operated 34 active bank accounts, including nine opened in the names of entities presented as government agencies. Police also alleged that an account was opened at the Central Bank of Nigeria in the name of the PFIPC.

According to investigators, the PFIPC “is a fictitious and unrecognised entity that does not exist within any legal framework or government structure of the Federal Republic of Nigeria.”

Police recommended freezing all accounts linked to the suspect, disabling the PFIPC account with the Central Bank and transferring the case to the Director of Public Prosecutions after outstanding forensic procedures are completed. The report noted that investigations are still ongoing.

Separately, Adeyemi has appealed to President Bola Tinubu to establish an independent panel to investigate the alleged N1.3 billion budget insertion controversy.

While praising the President for directing the ICPC to investigate the matter, Adeyemi argued that limiting the probe to government agencies could raise concerns about impartiality.

“I write to you not as a fugitive evading accountability, but as a Nigerian citizen who maintains an unwavering belief in equity, justice, and the rule of law,” he wrote.

He also claimed that fears for his personal safety prevented him from surrendering to authorities and questioned the official account of Tanimola’s death. The allegations have not been independently verified, and the Presidency had not responded to the letter as of the time of filing the report.

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