ICPC alleges Adeniyi Adeyemi used private funds to operate fraudulent investment agency

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) reports that Adeniyi Adeyemi financed the fake Presidential Foreign Investment Promotion Council (PFIPC) through private loans and a shell company. The investigation centers on the illicit organization of a 'World Investment Summit' under the guise of a government entity.