The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has uncovered two additional fictitious government agencies allegedly created by Adeniyi Adeyemi, director-general of the controversial Presidential Foreign Investment Promotion Council (PFIPC).
The anti-graft agency said the suspect, Adeyemi, allegedly created the FCT Investment Promotion Agency (FIPA) and the Foreign Investment Promotion Agency/Public-Private Partnership (FIPA-PPP) to expand the fraudulent scheme.
Musa Aliyu, ICPC chairman, disclosed the development on Thursday while briefing State House correspondents after presenting an interim investigation report to President Bola Tinubu at the Presidential Villa, Abuja.
The briefing followed a 30-day investigation ordered by the president on July 7 into allegations surrounding the purported Presidential Foreign Investment Promotion Council.
Aliyu said investigations established that Adeyemi was never appointed by the federal government and that the PFIPC had no legal existence.
“The ICPC also discovered that Adeniyi Adeyemi created two
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