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Fake Agency: Reps Uncover 58 Accounts, Probe N400m Deal

By Blaze 91.5 FM    |    September 03, 2026    |    3 min read

Fake agency: Reps uncover 58 accounts, probe N400m deal

The House of Representatives Ad-Hoc Committee investigating the Presidential Foreign Intervention Promotion Council has uncovered a network of about 58 bank accounts allegedly linked to its detained Director-General, Adeniyi Adeyemi.

The Chairman of the committee, Yusuf Gagdi, disclosed the findings on Wednesday while presenting the panel’s preliminary report .

Gagdi says that 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.

He however, cautioned that the committee had not concluded that every account, entity or transaction identified was unlawful.

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