Breaking: Court orders arrest of alleged ‘fake’ PFIPC DG Adeyemi

… Fixes Sept. 30 for His Arraignment

By Ikechukwu Nnochiri

ABUJA — The Federal High Court in Abuja has issued a bench warrant for the arrest of the self-styled Director-General (DG) of an alleged “non-existent” Presidential Foreign Investment Promotion Council (PFIPC), Prince Adeniyi Adeyemi.

Justice Mohammed Umar issued the arrest order following an oral application made by the police lawyer, Mr. Wisdom Madaki.

Adeyemi was billed to take his plea on an eight-count charge marked FHC/ABJ/CR/562/2025, relating to forgery, fraud, and impersonation.

However, although the matter was listed as No. 12 on the court’s cause list, the defendant failed to appear for his arraignment, even though a lawyer, Mr. Genesis Francis, announced his appearance on his behalf.

Shortly after the case was called, the prosecution counsel noted that the defendant had repeatedly failed to appear for his trial.

“My lord, this is the fifth time this case is coming up, and all the adjournments have been at the instance of the defendant,” the police lawyer lamented.

Consequently, relying on Section 394 of the Administration of Criminal Justice Act (ACJA) 2015, the prosecution counsel urged the court to issue a warrant for his arrest.

The application was immediately opposed by the defence lawyer, who blamed his client’s absence in court on alleged threats to his life.

The defence lawyer drew the court’s attention to the fact that his client was present for his arraignment on May 16, a date to which he said the case was later adjourned.

“Since then, this case has become a matter of public importance, and there have been many threats to his life.

“The defendant is afraid for his life. He has to be alive to be able to face trial. They have been looking for him even without an order of court,” Francis added.

Delivering his ruling after listening to both lawyers, Justice Umar said he was minded to accede to the application for the issuance of a warrant of arrest against the defendant.

The court noted that whereas the case was filed on November 27, 2025, proceedings did not commence until December 4, 2025.

Justice Umar noted that since the charge was filed, the defendant had appeared before the court only once.

“Since then, he has failed to appear before this court on four consecutive dates,” Justice Umar added.

He therefore issued a warrant mandating security agencies to arrest and produce the defendant before the court on September 30 for arraignment.

Among those billed to testify in the matter are the Chief of Staff to the President, Mr. Femi Gbajabiamila; Paul Emmanuel; Jeremiah Imoukhede; and Ituah Sylvester.

Other witnesses are civil servants working in the Office of the Accountant General of the Federation (OAGF), Akimbo Shola and Adamu Balongu, as well as a Deputy Superintendent of Police.

Adeyemi, whose whereabouts remain unknown, said in an interview he granted to Channels Television on Monday that his withdrawal from public view was due to alleged threats to his life.

He dismissed the insinuation that he was hiding from law enforcement agencies in a bid to evade investigation into his involvement in the alleged PFIPC fraud.

“I’m ready to show my face. I’m not hiding. I’m only fearing for my life because I have it on good authority that my life is in danger.

“There have been several attempts on my life,” Adeyemi added.

He also maintained his allegation that he paid N400 million through a proxy to President Tinubu’s Chief of Staff, Gbajabiamila, to secure his appointment as DG of the disputed council.

According to Adeyemi, those from whom he borrowed the N400 million he used to secure the appointment have since dragged him before the Economic and Financial Crimes Commission (EFCC).

An interim police investigation report had exposed how the defendant allegedly forged appointment letters and official documents to create the impression that the PFIPC was a legitimate federal government agency.

Police disclosed that the investigation was initiated after the Office of the Chief of Staff to the President petitioned the Inspector-General of Police (IGP) on October 17, 2025, over the activities of individuals allegedly forging official appointment letters purportedly issued from the office.

The petition added that preliminary findings showed the forged documents contained falsified signatures, reference numbers, official seals, and the Nigerian Coat of Arms, and that they were allegedly used to appoint individuals into the non-existent PFIPC.

Adeyemi, who was identified as the principal suspect, allegedly presented himself as the DG of the council and operated from an office within the Federal Secretariat Complex, Phase III, Abuja.

One of those allegedly linked to the fraud, Dolapo Babatunde Tanimola, was said to have died in a fire incident at a hotel in Abuja.

Meanwhile, Adeyemi, who has since denied that the PFIPC was non-existent, demanded an independent, multi-stakeholder investigative panel to probe the controversy surrounding the alleged N1.3 billion budget insertion for the Council in the 2026 Appropriation Bill.

In an open letter to President Tinubu, Adeyemi said he was prepared to provide documentary evidence and fully cooperate with investigators once an independent panel was constituted.

He recommended the inclusion of representatives of civil society organisations, the Nigerian Bar Association (NBA), independent media organisations, international financial institutions, human rights groups, and diplomatic missions, as well as the ICPC and the EFCC, on the independent investigative panel.

Adeyemi said his decision to stay off the radar was further reinforced by the controversial circumstances surrounding the death of Tanimola, whom he described as a key intermediary in the matter.