The Federal Government has actually submitted a fresh 36-count changed charge versus the embattled Director-General of the Presidential Foreign Investment Promotion Council (PFIPC), Adeyemi Adeniyi, over accusations of forgery, incorrect representation and scams, consisting of claims that he tried to protect a 1.302 billion allotment for a supposed fictitious federal government company.
Adeniyi appeared before Justice Halilu Yusuf of the Federal Capital Territory High Court in Maitama, Abuja, on Monday along with 4 other offenders as the federal government broadened its case over the questionable PFIPC legend.
The arraignment might not continue following the lack of the 4th accused, Florence Omemah, who was stated to be getting medical treatment in an Abuja health center.
Prosecution counsel, Sylvanus Tahir, notified the court that Omemah’s health condition avoided her from standing for the hearing and asked for a seven-day adjournment to enable her recuperate and take her plea.
Counsel to Adeniyi, Ibrahim Angulu, prompted the court to approve a much shorter adjournment, arguing that his customer had actually stayed in detention for more than 200 days and required a chance to pursue bail.
In a quick judgment, Justice Yusuf adjourned the matter up until November 18 for the arraignment of all accuseds.
The court likewise purchased that Adeniyi ought to stay at the Kuje Correctional Centre, while the other accuseds stay in the custody of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) pending additional procedures.
The case centres on claims that Adeniyi developed and ran a federal company called the Presidential Foreign Investment Promotion Council, which private investigators declare had no legal structure.
According to detectives, Adeniyi apparently provided himself as the Director-General of the council and utilized created consultation files and signatures credited to the Chief of Staff to the President to offer authenticity to the position.
The supposed plan, according to the detectives, included making use of spaces within the civil service structure to place the supposed company for federal government acknowledgment and financing.
Private investigators even more declared that Adeniyi inhabited workplaces formerly utilized by the defunct Presidential Economic Advisory Council at the Federal Secretariat in Abuja and held engagements with foreign diplomats while providing himself as a federal government authorities.
He was likewise implicated of looking for authorities paperwork associating with United States visas and running 34 checking account presumably linked to the activities under examination.
Among the significant concerns raised in the event is the supposed effort to protect a 1.302 billion arrangement in the 2026 spending plan for the supposed firm.
The accusation has actually increased issues over the tracking of federal government organizations and the procedures through which companies are produced, acknowledged and moneyed.
The ICPC had earlier provided an interim report to President Bola Tinubu, following which the commission apparently exposed 2 other supposed fictitious companies connected to the examination– the FCT Investment Promotion Agency and the Foreign Investment Promotion Agency.
The commission likewise advised disciplinary procedures versus some public authorities presumed of having actually played functions in assisting in the supposed plan.
The legal fight over the matter has actually continued after the Federal High Court in Abuja started out the preliminary eight-count charge in October 2026 following jurisdictional issues, triggering the Attorney-General of the Federation to withdraw the case.
The ICPC consequently submitted the modified 36-count charge, including more offenders and broadening the claims versus those implicated of participation in the supposed plan.
Adeniyi has actually rejected the accusations and pleaded innocent to the charges verging on scams, forgery and impersonation.
He stays in custody at the Kuje Correctional Centre as the court prepares to begin official arraignment on the fresh charges.
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