Prince Tunde Adeyemi, the first son of the immediate past Alaafin of Oyo, Oba Lamidi Olayiwola Adeyemi, has faulted the claim that the controversial Director General of the “fake” Presidential Foreign Investment Promotion Council (PFIPC), Prince Adeniyi Mathew Adeyemi, once stayed in the Alaafin of Oyo’s palace.

Adeyemi, in a telephone chat with the Nigerian Tribune, stated that the said Adeyemi has no link with Oba Adeyemi’s royal lineage and never lived in the palace of the Alaafin of Oyo.

According to him, “The Mathew man never grew up or stayed in the palace. I have just called Hon. Akeem Adeyemi, my junior brother, and was told that the man once visited the palace sometime in 2017/2018 to see Baba, but he did not get access to Baba.”

This is as the Office of the Accountant General of the Federation (OAGF) denied opening an account with the Central Bank of Nigeria (CBN) for the agency as reported.

In a related development, the Office of the Accountant General of the Federation (OAGF) denied opening an account with the Central Bank of Nigeria (CBN) for the agency.

The Press Director of the OAGF, Mr Bawa Mokwa, in a statement, disclosed that no public funds or salaries have been paid to the organisation.

He explained that the process of opening a CBN account for the PFIPC was never completed because the required documentation to activate the account was not submitted.

“You cannot open an account at the CBN without authorisation from the Accountant-General.

“The Accountant-General will authorise them to open an account at the CBN.”

Mokwa stated that the purported PFIPC Director-General, Mr Adeyemi, approached the OAGF and presented an appointment letter but alleged that the document concerned an already existing agency rather than the PFIPC.

The account-opening process, according to him, commenced based on the document presented. Still, the account never became operational because the names of the officials expected to serve as account signatories were not submitted.

He Insisted there was no channel through which the Office of the Accountant-General could release government funds to the agency because it did not have an operational account or a CBN-created one.

“The account, till today, has not seen the light of day. It has not seen one kobo because the account is not completely operational.“

“That portrays that he has not collected a dime. The AGF has not released a dime to him because they don’t even have a place where the money can be paid,” Mr Mokwa said. (Nigerian Tribune)

•Adeniyi Adeyemi Matthew, acclaimed Director General of the Presidential Foreign Intervention Promotion Council/Presidential Economic Advisory Council