AGF: Forged Presidency Letter Led to Registration of ‘Fake’ Investment Council

Muhammad H Mamman
2 Min Read
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The Accountant-General of the Federation (AGF), Shamseldeen Ogunjimi, has told the House of Representatives that a forged letter purportedly from the Presidency led to the creation of an administrative code for the controversial Presidential Foreign Investment Promotion Council (PFIPC), which is now under investigation.

Appearing before the House committee probing the operations of the council, Ogunjimi said his office acted on what appeared to be an official request from the State House to create an administrative code for the agency.

He, however, disclosed that it was later discovered the letter was forged and had not originated from the Presidency.

According to the AGF, his office subsequently prepared a response to the State House after uncovering the irregularity, but the correspondence never reached its intended destination.

He alleged that Prince Adeniyi Adeyemi, identified as the individual behind the disputed council, intercepted and hijacked the letter, preventing the Presidency from receiving the clarification.

The revelations emerged as lawmakers intensified their investigation into the establishment and activities of the PFIPC, amid concerns over how the body operated despite questions surrounding its legal status.

The committee is expected to continue its probe as it seeks to determine the circumstances that enabled the council to function and identify those responsible for the alleged forgery and administrative lapses.

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