Presidency Says Fake Agency DG Used Forged Documents to Open a CBN Account

In a statement, the Presidency said Prince Adeniyi Adeyemi Matthew falsely claimed to head a Presidential Foreign Intervention Promotion Council and used forged papers to open a Central Bank of Nigeria account. Police investigations found no government funds were transferred into the account. They also uncovered 34 bank accounts, including nine opened under names of entirely fictitious agencies. Adeyemi even forged his appointment letter to secure US visas for himself and his team. Complaints from the Nigerian Investment Promotion Council led the Chief of Staff to petition security agencies. Adeyemi was arrested in Abuja on October 27, 2025, and searches at his office and home recovered numerous forged documents. Authorities have filed an eight-count charge against Adeyemi and two alleged accomplices. The Federal High Court in Abuja will hear the case on July 27. The Presidency urged the public to allow the legal process to unfold.

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