The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has cleared the Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, of wrongdoing in the controversy surrounding the alleged Presidential Foreign Investment Promotion Council. The ICPC said its investigation found that Prince Adeniyi Adeyemi, who claimed to be Director-General of the agency, was never […]
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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has cleared the Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, of wrongdoing in the controversy surrounding the alleged Presidential Foreign Investment Promotion Council.
The ICPC said its investigation found that Prince Adeniyi Adeyemi, who claimed to be Director-General of the agency, was never appointed by the Federal Government and that the organisation itself was fictitious.
According to the commission, the appointment letter presented by Adeyemi was forged, while other documents, including a purported government gazette, were also fabricated to make the organisation appear legitimate.
ICPC Chairman, Dr. Musa Aliyu, disclosed the findings after submitting an interim investigation report to President Tinubu at the State House in Abuja.
The investigation followed allegations by Adeyemi that he paid ₦400 million to Gbajabiamila to secure the appointment. The commission said it found no evidence supporting the claim.
The ICPC also revealed that Adeyemi allegedly created two other fictitious government agencies and unlawfully occupied offices previously used by the defunct Presidential Economic Advisory Council.
The commission said the scheme exposed weaknesses in verification and inter-agency processes, adding that negligence by some public officials helped the fake organisation operate.
It, however, stated that no Federal Government funds were approved or released to the fictitious agency and that the forged appointment letter did not originate from the Presidency.
The ICPC recommended the prosecution of Adeyemi, administrative sanctions against public officers whose negligence enabled the operation, and wider reforms to strengthen verification and internal control systems across government agencies.
President Tinubu is expected to review the interim report and consult the Attorney General of the Federation before further action is taken.
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