From Premium Times Nigeria · Falmata Daniel · · 4m
ICPC re-arraigns fake 'Presidential Council' DG Adeniyi Adeyemi for forgery, fraud
ICPC re-arraigns Adeniyi Adeyemi for forgery, fraud of fake Presidential Council.
In brief
ICPC re-arraigns Adeniyi Adeyemi for forgery, fraud of fake Presidential Council. ICPC re-arraigned Adeniyi Adeyemi for 22 counts of forgery, fraud, and false impersonation related to a fake Presidential Foreign Investment Promotion Council. Originally reported by Premium Times Nigeria.
ICPC re-arraigns Adeniyi Adeyemi
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) re-arraigned Adeniyi Adeyemi, the purported director-general of the non-existent Presidential Foreign Investment Promotion Council (PFIPC), before the FCT High Court in Abuja.
Amended charges expanded to 22 counts
The re-arraignment followed the withdrawal of previous charges about 17 days ago, with the fresh indictment expanding the original eight counts to 22 counts, incorporating earlier allegations and new charges.
Charges include forgery and fraud
The amended charges include forgery, false personation as a public servant, and obtaining over N27 billion to start the fake agency and N3.8 billion for personnel costs.
Forged documents for government recognition
ICPC accused him of forging documents signed by the Chief of Staff to the President, Femi Gbajabiamila, appointing him as Director General of PFIPC, and occupying government office facilities at the Federal Secretariat Complex Phase…
Fake agency financial requests
ICPC also said Adeniyemi forged a document to the Accountant-General of the Federation for the non-existent agency to operate within the government financial reporting structure and to the National Information Technology Development Agency for a…
Gifts for office space and vehicles
He also allegedly gifted N210,000 to an Assistant Chief Technical Officer in the Office of the Secretary General of the Federation and N300,000 to an officer in the Office of the Chief Economic Adviser to…
Loan fraud from Divine Dopacy Nigeria
ICPC alleged that on 29 July 2025, Adeniyemi collected N20 million from Oyekunle Gbenga, the Managing Director of Divine Dopacy Nigeria Limited, under the false pretence of a 'project facilitation loan' for a purported N2.
Defendant denied all allegations
Mr Adeyemi denied all the allegations when the charges were read to him on Thursday, and his lawyer made an oral bail application for the defendant.
Bail application delayed by health issues
Mr Adeyemi’s lawyer, Ibrahim Angulu, a Senior Advocate of Nigeria, asked for a short date for bail, citing Mr Adeyemi’s prolonged detention and health challenges.
Court fixed 9 November for trial
After listening to his submission, the judge fixed 9 November for the commencement of trial and possible hearing of bail.
Background: Police arrest timeline
Mr Adeyemi has been in police custody since 14 July, when police arrested him following a warrant issued by Judge Umar after a complaint by the Chief of Staff to President Bola Tinubu.
Failed arraignment attempts
Several attempts to bring Mr Adeyemi to court for arraignment failed, including a scheduled date on 3 February, 14 April, and 16 June, with the court moving the case to 14 July for arraignment.
Arrested for fear of his life
When the case was called on 14 July, the prosecution told the court it did not know Mr Adeyemi’s whereabouts, and his lawyer said he feared for his life and had written an open letter…
ICPC charges detailed
The charges include forgery, false personation, obtaining over N27 billion for the fake agency, N3.8 billion for personnel costs, and multiple gifts to government officials.
22 counts of forgery and fraud
The amended charges include 22 counts of forgery, false personation, and fraud related to the fake Presidential Foreign Investment Promotion Council.
Consequence: Trial set for 9 November
The court fixed 9 November for the commencement of trial and possible hearing of bail, with Mr Adeyemi remaining in custody at Kuje prison.
The headline
ICPC re-arraigned Adeniyi Adeyemi for 22 counts of forgery, fraud, and false impersonation related to a fake Presidential Foreign Investment Promotion Council.
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