The House of Representatives Ad-Hoc Committee investigating the purported Presidential Foreign Intervention Promotion Council has uncovered a network of about 58 bank accounts allegedly linked to its detained Director-General, Prince Adeniyi Adeyemi, as well as an alleged N400 million transaction which the committee said may have involved fraudulent representations.
The committee also found that more than 30 of the identified accounts appeared to have been operated in the names of about nine agencies, companies, foundations and related entities allegedly connected to Adeyemi, raising questions about the ownership, control and purpose of the organisations.
The Chairman of the committee, Yusuf Gagdi, disclosed the findings on Wednesday while presenting the panel’s preliminary report to parliamentary correspondents in Abuja on the circumstances surrounding the council’s inclusion in the Federal Budget Framework.
According to Gagdi, preliminary information obtained from financial and investigative institutions showed that the Bank Verification Number (BVN) and other identifying details associated with Adeyemi were linked to a substantial network of personal, corporate, organisational and foundation accounts.
The entities identified by the committee include the Confederation of United Nations Youths; FCT Investment Promotion Agency and Public-Private Partnership; and FCT Investment Promotion Council and Public-Private Partnership.
Others include Foreign Investment Promotion Agency; United Nations Youth Global Agency; United Nations Youth Global Foundation; World United Nations Youth Global Foundation; World Entrepreneurship University Limited; World Enterprise University Limited; FCT Investment Promotion Act; FCT Promotion Agency; and Olubadan of Ibadan Foundation.
Gagdi, however, cautioned that the committee had not concluded that every account, entity or transaction identified was unlawful.
He said the panel was still “reconciling registration records, account mandates, beneficial ownership information, signatories and transaction histories to establish the true nature and control of the organisations and accounts.”
The committee’s findings nevertheless identified what it described as “similarities in the nomenclature, objectives, management structures, signatories and banking relationships of several of the entities.”
According to Gagdi, the similarities raised concerns over a possible pattern of creating or deploying organisations to manufacture artificial credibility, solicit funds, obtain official recognition or induce members of the public to part with money.
Of particular concern is an alleged N400 million transaction involving a company which claimed that Adeyemi induced it to make payments in four instalments after allegedly representing that he could secure a contract for the renovation, furnishing or improvement of a purported official residence allocated to him in his claimed capacity as PFIPC Director-General.
Gagdi said the committee was tracing the destination of the funds, identifying the account holders and beneficial owners, and determining whether any public officer or private individual participated in, facilitated or benefited from the transaction.
He said that, if established through competent investigative and judicial processes, the allegations could disclose offences including fraudulent misrepresentation, obtaining money by false pretence, impersonation, conspiracy, forgery and offences relating to the concealment or movement of proceeds of crime.
Beyond the financial trail, the committee said it had uncovered evidence suggesting that the PFIPC itself was never lawfully established.
Gagdi said the investigation found no Act of the National Assembly, gazetted enactment, Presidential Executive Order or other lawful instrument creating the purported council.
He said documentary materials used to project the existence and authority of the organisation contained substantial evidence of alleged fabrication, forgery, mutilation, impersonation and unauthorised representation of institutions and public officers of the Federal Republic of Nigeria.
The committee also found “evidence of alleged fabrication of official documents, including a purported presidential appointment letter for Adeyemi, a purported Executive Order and a document presented as an Act of the National Assembly establishing the organisation.”
Evidence obtained from the State House, according to Gagdi, “established that the purported appointment letter was neither issued nor signed by the Chief of Staff to the President, Mr Femi Gbajabiamila.”
The letterhead and reference number were also said to be inconsistent with official State House correspondence.
The committee consequently exonerated Gbajabiamila from allegations of authorising, establishing or participating in the activities of the purported council, commending him for what it described as timely interventions after alerts concerning the organisation were brought to his attention.
Gagdi said, “The documentary evidence presently before the Committee does not establish that the Chief of Staff authorised, approved, established or participated in the activities of the purported organisation.”
Rather, he said, “the evidence showed that Gbajabiamila promptly communicated with relevant security and investigative agencies, including the Nigeria Police Force, Office of the National Security Adviser, Department of State Services and Economic and Financial Crimes Commission, after receiving alerts concerning the activities of the organisation.”
The committee also exonerated the National Assembly committees responsible for budget scrutiny from culpability.
According to Gagdi, the investigation had shifted attention to “how an entity that had not been lawfully established was nevertheless able to secure apparent recognition and budgetary treatment within the Federal Government’s administrative machinery.”
The development, he said, exposed serious weaknesses in the verification of government institutions, the creation of administrative and budget codes, the authentication of official correspondence, the allocation of government accommodation and the processing of official-looking vehicle number plates.
The purported council allegedly strengthened its claim to governmental legitimacy by occupying office accommodation within the Federal Secretariat Complex and operating a website that portrayed it as a federal institution.
The committee also found that the organisation allegedly used the names, offices and photographs of President Bola Tinubu and other senior government officials without authorisation.
About 39 persons were also represented as employees of the purported organisation, with the committee investigating their recruitment, appointment letters, identity cards, remuneration and allegations that some prospective employees were required to make payments as a condition for employment.
Gagdi said the committee had recommended that all Ministries, Departments and Agencies immediately refrain from recognising, transacting with or extending government privileges to the PFIPC or any related entity whose legal status had not been independently verified.
The panel further urged relevant government agencies to ensure that “no appropriation, administrative code, warrant, cash backing, financial release or governmental facility should be processed in favour of the purported organisation.”
It also directed relevant financial institutions and investigative agencies to preserve account records, transaction histories, mandates and beneficial ownership information relating to the persons and entities under investigation.
The committee called for “the prompt conclusion of criminal and financial investigations” and said that where sufficient admissible evidence was established, “appropriate agencies should institute criminal proceedings before courts of competent jurisdiction.”
It further recommended “the tracing, preservation, freezing and recovery of proceeds or assets derived from any established unlawful conduct, subject to applicable legal requirements and judicial authorisation where necessary.”
The committee commended the Nigeria Police Force, DSS, EFCC, Independent Corrupt Practices and Other Related Offences Commission and ONSA for their contributions to tracing the alleged fabricated documents, associated entities, financial accounts and transactions.
It also proposed enhanced authentication procedures for the creation of new government institutions and administrative and budget codes, as well as correspondence purportedly emanating from the Presidency and other high offices.
Another recommendation was the establishment or strengthening of a secure, centralised digital verification platform through which the lawful existence, establishing instrument and status of every Federal Government institution could be independently authenticated.
The committee said the alleged N400 million transaction should be subjected to a separate and comprehensive investigation, with lawful steps taken to trace, preserve, freeze and recover any proceeds of unlawful activity established by investigators.
Gagdi said the panel would continue examining the ownership and control of the identified accounts, the alleged transaction, the purported official residence, special number plates, occupation of government accommodation and the roles played by public officers and private individuals connected with the matter.
He added that outstanding evidence would be obtained from institutions and public officers who had yet to fully comply with requests from the committee, while affected persons would be given a fair hearing before definitive findings were reached.
The chairman stressed that the findings presented were preliminary and did not amount to a final determination of criminal guilt, which remains the constitutional responsibility of courts of competent jurisdiction.
He said the committee’s final report would be submitted to the House upon its resumption from the two-month annual recess, after which lawmakers would have the constitutional prerogative to consider, debate, adopt, amend or reject the findings and recommendations.
Gagdi said the investigation went beyond exposing a purported government agency or identifying an alleged mastermind, describing it as an effort to protect the integrity of Nigeria’s institutions and prevent private individuals from manufacturing governmental authority.
“The Presidency cannot be impersonated with impunity,” Gagdi said, stressing that the identity, authority and instruments of the Federal Republic of Nigeria could not be appropriated by private individuals or organisations for personal advantage.
He assured that the final report would contain definitive findings, identified institutional and individual responsibilities, and recommendations for appropriate legislative, administrative, disciplinary, civil, financial and prosecutorial action, subject to the decision of the House and due process of law.
Source: punchng.com
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