The charade is over for Adeniyi Adeyemi Matthew, the man who audaciously established a bogus government agency right under the nose of the Nigerian administration.
After weeks of evading justice, Matthew—who styled himself as the director general of the non-existent Presidential Foreign Investment Promotion Council (PFIPC)—was apprehended in Osun State by the Force Intelligence Department and Intelligence Response Team.
His arrest follows a warrant issued by the Federal High Court in Abuja after he failed to show up for his own trial. The scandal erupted when President Bola Tinubu ordered a probe into the fraudulent entity, which had managed to infiltrate the Federal Secretariat and even appeared in the 2026 Appropriation Act with a staggering 1.3 billion naira allocation.
While the Accountant-General’s Office maintains that no public funds were actually disbursed to the fake agency, the sheer scale of the forgery is a damning indictment of the security lapses that allowed Matthew to operate.
Despite his claims of innocence and pathetic pleas about his personal safety, the evidence is clear: Matthew and his accomplices utilized forged signatures from the president’s chief of staff to legitimize their criminal enterprise.
He is now headed to police headquarters in Abuja to answer for his crimes, proving once again that those who attempt to subvert the rule of law will eventually face the consequences.
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