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Alleged PFIPC Impersonator Shuns Court as Fraud Case Begins

by Present Nigeria
July 14, 2026
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Alleged Fake PFIPC DG Deletes Social Media Accounts Amid Probe
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The self-acclaimed Director-General of the Presidential Foreign Investment Promotion Council, PFIPC, Prince Adeniyi Adeyemi, failed to appear in court on Tuesday for his arraignment over alleged certificate forgery.

Adeyemi is billed to take his plea before Justice Mohammed Umar on an eight-count charge marked FHC/ABJ/CR/562/2025, which relates to forgery, fraud and impersonation.

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However, although the matter is listed as No. 12 on the court’s cause list, the defendant is nowhere to be seen.

The charge against Adeyemi and two other defendants was filed on November 27, 2025, by a police prosecutor, Wisdom Madaki.

Witnesses billed to testify in the matter include the Chief of Staff to the President, Mr Femi Gbajabiamila, Paul Emmanuel, Jeremiah Imoukhede and Ituah Sylvester.

Others 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.

Recall that the self-acclaimed Director-General, whose whereabouts remain unknown, said in an interview on Channels Television on Monday that his withdrawal from public view was due to alleged threats to his life.

He also 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.

Adeyemi equally 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 agency.

He claimed that those from whom he borrowed the N400 million he used to secure the appointment had since dragged him before the Economic and Financial Crimes Commission, EFCC.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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