The self-styled Director-General of the purported Presidential Foreign Investment Promotion Council (PFIPC), Adeniyi Adeyemi, has been arrested by security operatives following a warrant issued by the Federal High Court in Abuja.
Adeyemi was picked up on Tuesday at his hideout in Osun
State, shortly after Justice Mohammed Umar ordered his arrest over his failure
to appear in court for his arraignment.
The Police PRO confirmed that he was arrested by a team of
FID/IRT in Osun, promising to get back to us for further updates.
Details of the arrest remain sketchy as of press time, but
sources said the suspect would be taken to the Police Headquarters in Abuja for
further action.
The arrest followed a brief ruling by Justice Umar, who
issued a bench warrant after Adeyemi failed to appear before the court despite
several adjournments.
Earlier in the proceedings, Adeyemi’s counsel, Genesis
Francis, told the court that he could not convince his client to attend the
hearing, citing concerns raised by the defendant.
The lawyer informed the court that Adeyemi had expressed
fears for his safety in an open letter to President Bola Tinubu, noting that
the matter had generated significant public attention. Politics
However, prosecuting counsel, Wisdom Madaki, argued that the
case had suffered repeated delays due to the defendant’s absence.
Madaki urged the court to issue a warrant for Adeyemi’s
arrest in line with Section 394 of the Administration of Criminal Justice Act.
Granting the request, Justice Umar held that the charges
were filed on November 27, 2025, while proceedings commenced on December 4,
2025.
The judge noted that Adeyemi had appeared in court only once
and had failed to attend subsequent proceedings.
He consequently ordered his arrest and adjourned the matter
until September 30.
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