PFIPC DG Claims N400M Borrowed for Appointment

Adeniyi Adeyemi, the Director General of the Presidential Foreign Intervention Promotion Council (PFIPC), stated that he borrowed N400 million to pay for his appointment. He accused Femi Gbajabiamila, the Chief of Staff to President Bola Tinubu, of collecting the money as a proxy to facilitate his appointment.

Adeyemi has been under scrutiny since the PFIPC was disowned by the Tinubu administration, which described him as an impostor in a statement issued on July 1. The Economic and Financial Crimes Commission (EFCC) has been involved, with Adeyemi claiming he has not been reimbursed for the borrowed funds.

He also mentioned that he is not planning to flee Nigeria despite social media rumors. The PFIPC scandal emerged publicly on June 11, with allegations of Adeyemi operating a fictitious government agency and maintaining multiple bank accounts linked to non-existent government bodies.

The Tinubu administration has ordered an investigation into the matter, with a report expected within 30 days.