# ICPC Arraigns Adeniyi Adeyemi Over Alleged Fake Investment Council

- Link: https://viralbrief.top/icpc-arraigns-adeniyi-adeyemi-over-alleged-fake-investment-council/
- Published: 2026-10-30T01:22:53+00:00
- Author: Olamide

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has
formally arraigned Adeniyi Adeyemi, the individual identified as the director-general
of the Presidential Foreign Investment Promotion Council (PFIPC), at the Federal
Capital Territory High Court in Abuja. According to reports from _Channels Television_,
Adeyemi faces 22 counts of forgery and impersonation.

## The Allegations Against Adeyemi

The prosecution alleges that on or about March 8, 2024, Adeyemi forged a document—
referenced as SH/COS/209/A/3456—which purportedly bore the signature of Femi Gbajabiamila,
the Chief of Staff to the President. The document allegedly appointed Adeyemi to
lead the PFIPC. The ICPC claims that this forged document was utilized to secure
government recognition and legitimacy to facilitate alleged fraudulent activities.

Investigations by the ICPC, as stated by Chairman Musa Aliyu, suggest that the PFIPC
was never an officially sanctioned government body. Preliminary findings indicate
that the appointment letter, the gazette, and other documentation used to establish
the council were fabricated. Furthermore, the agency reportedly operated out of 
the Federal Secretariat in Abuja and recruited staff without any legal mandate.

## Legal Proceedings and Bail Application

During the arraignment, counsel for the ICPC, Fatima Bardi, requested that the court
schedule a date for the commencement of the trial. Meanwhile, defense counsel Ibrahim
Angulu, SAN, made an oral application for bail. Justice Halilu Yusuf denied the 
oral request, directing the defense to file a formal written application.

The defense noted that Adeyemi has been in detention for 155 days and cited health
concerns, claiming to hold medical reports from a police clinic. Justice Yusuf has
adjourned the matter until November 9 for the trial and the potential hearing of
the bail application.

## Background of the Case

This development follows the dismissal of an earlier eight-count charge against 
Adeyemi at the Federal High Court, Abuja. Justice Mohammed Umar struck out that 
case after the Federal Government requested the move to the FCT High Court for a
fresh arraignment. Adeyemi was initially arrested in Osun State on July 14, following
his failure to appear in court despite a summons.

The controversy surrounding the PFIPC also involved public accusations made by Adeyemi,
who alleged that the Chief of Staff to the President, Femi Gbajabiamila, accepted
₦400 million through a proxy to facilitate his appointment. Gbajabiamila has denied
these claims. Following the emergence of these allegations, President Bola Tinubu
directed the ICPC to conduct a comprehensive investigation into the matter.

## Conclusion

As the legal proceedings move to the FCT High Court, the case highlights the government’s
efforts to address the operation of unauthorized entities claiming official status.
The court is expected to deliberate on the bail application and the merits of the
22-count charge in the upcoming November session.

<

p class=”vbna-source-note”>**Source:** [Channels Television](https://www.channelstv.com/2026/10/29/pfipc-icpc-arraigns-adeyemi-for-alleged-forgery-impersonation/)

  TL;DR (AI Generated)

The Independent Corrupt Practices and Other Related Offences Commission has arraigned
Adeniyi Adeyemi on 22 counts of forgery and impersonation for allegedly operating
a fake government body called the Presidential Foreign Investment Promotion Council.

Adeyemi is accused of forging the signature of the President's Chief of Staff to
secure legitimacy and fraudulently recruit staff.

The presiding judge denied an oral bail application, ordering a formal written request,
and adjourned the trial to November 9.

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