Lawyers for Adeyemi Name Agencies That Backed Fake PFIPC

The legal team representing Adeniyi Adeyemi, the self-proclaimed director-general of the disputed PFIPC, has detailed how several key federal agencies played roles in validating the entity, Premium Times Nigeria reports. According to the report, Adeyemi’s lawyers identified specific government bodies that they say lent credibility to the organization, which has been described as a fake agency. The lawyers’ submission comes as multiple investigations into the matter continue across Nigerian institutions. The PFIPC, or Presidential Fiscal Policy and Investment Council, has been at the center of controversy after it emerged that the body may not have official standing. Adeyemi has maintained that he is being made a scapegoat and has sought clearance to appear before a House of Representatives panel investigating the matter, TheCable reported. The BBC reported that Adeyemi has pointed fingers at the Central Bank of Nigeria, the Economic and Financial Crimes Commission, and the Office of the Secretary to the Government of the Federation as part of his defense. Meanwhile, the Punch Newspapers noted that the House of Representatives is preparing a final report on the probe, with tensions rising over the findings.  The Independent Corrupt Practices and Other Related Offences Commission has concluded its own probe into the so-called phantom council, according to Daily Trust. The commission’s conclusion adds another layer to the multi-agency scrutiny of the PFIPC affair. As the investigations converge, the key question is whether the final House report will assign responsibility to individuals within the federal agencies that Adeyemi’s lawyers claim validated the PFIPC, or whether the blame will rest solely on Adeyemi himself.