Forgery charge: Alleged ‘fake’ PFIPC DG Adeyemi fails to appear in court

The scheduled court arraignment of Prince Adeniyi Adeyemi, who claims to be the Director-General of the Presidential Foreign Investment Promotion Council (PFIPC), did not proceed as he failed to appear in court. Adeyemi is facing an eight-count charge that includes forgery, fraud, and impersonation. The case was listed for plea before Justice Mohammed Umar. Indications suggest that the police, who are prosecuting the case, may seek a bench warrant for Adeyemi's arrest. The charges were filed on November 27, 2025, by a police prosecutor. Key witnesses expected to testify include the Chief of Staff to the President, Femi Gbajabiamila, along with other officials from the Office of the Accountant General of the Federation and police officers. Adeyemi, whose current whereabouts are unknown, stated in a recent interview that he has withdrawn from public view due to alleged threats to his life. He denied claims that he is hiding to evade legal proceedings related to the alleged PFIPC fraud. Adeyemi asserted his readiness to appear publicly but cited concerns for his safety, claiming credible information about danger to his life and multiple attempts on it. He reiterated his allegation that he paid N400 million through a proxy to President Tinubu's Chief of Staff, Gbajabiamila, to secure his appointment as DG of the disputed council. Adeyemi also mentioned that individuals from whom he borrowed the funds have since reported him to the Economic and Financial Crimes Commission (EFCC). An interim police report indicated that Adeyemi allegedly forged appointment letters and official documents to present the PFIPC as a legitimate government agency. The investigation began after the Office of the Chief of Staff to the President petitioned the Inspector General of Police regarding individuals forging official appointment letters.

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I’m ready to show my face. I’m not hiding, I’m only fearing for my life because I have it on good authority that my life is in danger.