An account published by Daily Post notes that the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has uncovered two extra unapproved entities operating under the guise of statutory federal organs. ICPC Chairman, Dr. Musa Adamu Aliyu, presented the findings during an interim briefing to President Bola Tinubu.
Investigators revealed that the self-proclaimed Presidential Foreign Intervention Promotion Council (PFIPC) lacked statutory legislation or executive directives establishing its operations. The suspect behind the council allegedly forged appointment documentation and illegally occupied facilities belonging to defunct federal advisory bodies.
The probe uncovered two additional unauthorized bodies—the FCT Investment Promotion Agency and the Foreign Investment Promotion Agency—created using fabricated legislative instruments to open commercial banking accounts. The commission has recommended criminal prosecution for key perpetrators alongside administrative sanctions against civil servants who facilitated the scheme.
Reporting on the investigation, The Punch quoted ICPC Chairman Dr. Musa Adamu Aliyu stating, “Our findings confirm that forged documents were utilized to impersonate official institutions, and full prosecution will be pursued against all collaborators.” Furthermore, Leadership Newspaper reported that “the anti-graft agency is collaborating with central administrative offices to audit government facility allocations and prevent systemic administrative impersonation.”
Echotitbits take:
The exposure of illegal agencies operating within administrative spaces points to systemic oversight gaps in government asset management. Implementing stricter inter-agency verification protocols will be imperative to protect institutional integrity and prevent fraudulent revenue collection.
Source: The Guardian – https://guardian.ng/breakingnews/icpc-uncovers-two-more-fake-agencies-in-pfipc-probe/, August 6, 2026
Photo credit: The Guardian




