The Inspector-General of Police (IGP), Kayode Egbetokun, has explained why Prince Adeyemi Adeniyi, the self-acclaimed Director-General of the Presidential Foreign Investment Promotion Council (PFIPC), was not presented before the House of Representatives Ad Hoc Committee investigating the activities of the purported agency.
The explanation was contained in a letter to the committee, which was read on Wednesday by its Chairman, Yusuf Gagdi, after Adeniyi failed to honour the panel’s summons.
According to Gagdi, the police said Adeniyi remains in custody as part of an ongoing investigation into allegations of conspiracy and forgery.
He said the suspect could not be produced before the committee because he is being held under a valid court remand order.
“The police informed us that the suspect is in custody pursuant to a subsisting court order. For him to appear before the committee, that order would first have to be vacated,” Gagdi explained.
He said the committee decided to make the police letter public to dispel any impression that Adeniyi had ignored the lawmakers’ invitation.
Gagdi stressed that the committee would not interfere with the ongoing police investigation or judicial process, noting that it respects the constitutional principle of separation of powers.
He commended the efforts of the Nigeria Police Force and other security and anti-corruption agencies involved in the investigation, including the Department of State Services (DSS), the Independent Corrupt Practices and Other Related Offences Commission (ICPC), the Economic and Financial Crimes Commission (EFCC), and the Office of the National Security Adviser.
The lawmaker added that the committee would continue to engage the police and other relevant agencies as its investigation progresses.
The House panel is investigating how the alleged PFIPC secured office space at the Federal Secretariat and received a ₦1.32 billion allocation in the 2026 Appropriation Act despite claims that it was never legally established as a government agency.
Adeniyi is also under police investigation over allegations of conspiracy, forgery and falsely presenting himself as the head of the purported council.