BREAKING: Shock as 12 fake agencies, 58 bank accounts linked to alleged PFIPC DG

The Ad-hoc Committee investigating the activities of the alleged Presidential Foreign Investment Promotion Council (PFIPC) has uncovered 12 more fake agencies linked to the Director General of PFIPC.

The Reps Committee which was inaugurated to carry out investigation of PFIPC deepened its scrutiny of the fake agencies and stumbled on 12 more fake agencies of government to the consternation of all.

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The Committee has also declared that the purported appointment letter of Prince Adeyemi Adeniyi as Director General of PFIPC was fake and a nullity

The House of Reps Committee released its findings on Wednesday in Abuja.

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Chairman of the investigative Committee Hon. Ibrahim Sani Madaki, reported that the Chief of Staff to President Bola Ahmed Tinubu and former Speaker of the House of Representatives, RT. Hon Femi Gbajabia was not culpable in the whole saga.

The Committee commended Gbajabiamila for ‘blowing the lid open’, that led to the investigation of the scam.

Accordingly, the Committee said, Gbajabiamila’s intervention led to uncovering network of fake agencies of government.

The lawmakers revealed more fake agencies created by the embattled Adeyemi Adeniyi as the FCT Investment Promotion Council, FCT Investment Promotion Agency and Public-Private Partnership, United Nations Youth Global Foundation, and the Olubadan of Ibadan Foundation.

The Committee said investigation continues.

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