Fresh developments have emerged in the controversy surrounding the alleged Presidential Foreign Intervention Promotion Council (PFIPC), as the Office of the Accountant General of the Federation (OAGF) and the Presidency have presented different accounts about whether the council had a Central Bank of Nigeria (CBN) account.

The OAGF maintained that although an application was initiated after Prince Adeniyi Adeyemi submitted appointment documents, the account was never fully activated because the required signatories were not provided.

According to the office, no government funds were paid into the account and no salaries were processed because the council had no approved payroll or operational banking arrangement.

However, the Presidency had earlier stated that Adeyemi used forged documents to fraudulently open a CBN account by misleading officials, while also insisting that no public funds were transferred into it.The matter has raised further questions because the council reportedly appeared in the 2026 federal budget with an allocation of N1.3 billion despite the Presidency denying its existence.

Reports also indicate that the council obtained office space within the Federal Secretariat, while a signboard bearing its name was still visible during visits by journalists.

Meanwhile, police officers reportedly arrested Adeyemi's father during a raid on the family's residence in Ogbomoso, an action that legal practitioners criticised as potentially unlawful unless he is directly connected to the alleged offences.

Civil society groups, retired public servants and media reports have continued to call for a wider and independent investigation into how the alleged council secured official approvals, office accommodation, budget provisions and administrative support.Adeyemi is expected to appear before the Federal High Court in Abuja later in July as investigations continue.