Prince Adeniyi Adeyemi, the Director General of so-called phantom Presidential Foreign Investment Promotion Council (PFIPC), has written an open letter to President Bola Ahmed Tinubu raising concerns over his personal safety.
Adeyemi also ŕised posers over the death of Dolapo Babatunde Tanimola, the intermediary in his matter, and demands expansion of the scope of the ICPC inquiry by establishing a multi-stakeholder investigative panel.
The open letter dated July 13, reads: “I write to you not as a fugitive evading accountability, but as a Nigerian citizen who maintains an unwavering belief in equity, justice, and the rule of law.
“I commend your recent directive tasking the Independent Corrupt Practices and Other Related Offences Commission (ICPC) with investigating the circumstances surrounding the PFIPC Scandal and ₦1.3 billion allocation inserted into the 2026 Appropriation Bill.
“This directive is a vital first step, but the structural realities of this investigation compel me to speak out of a profound desire for absolute transparency.
“Under the current framework, obtaining a truly impartial hearing presents severe structural challenges. The public narrative emanating from official channels remains heavily weighted toward my immediate arrest, effectively overshadowing the gravity of the systemic vulnerabilities and high-level involvement I have brought to light. True accountability cannot be achieved when the agency conducting the investigation answers directly to the branch of government within which the core allegations lie.
“Furthermore, I must state clearly that walking freely into custody under the current arrangement poses an immediate, existential threat to my life. I have received verified, highly reliable intelligence indicating that I am targeted for elimination the moment I surface in an unmonitored environment.
“This is not an unfounded fear. My concerns are deeply validated by the highly alarming events surrounding Mr. Dolapo Babatunde Tanimola, a central intermediary in this matter.
“Official reports claim Mr. Tanimola tragically died in a sudden fire incident at Kachi Hotel in Utako, Abuja. Yet, there remains a total absence of independent eyewitness or media verification of any such inferno.
“More disturbingly, under highly unclear circumstances and without the official involvement of any federal capital regulatory agency, the entire Kachi Hotel structure was swiftly invaded by unidentified armed actors and manually demolished down to the rubble days later—effectively erasing a vital physical crime scene and erasing material evidence.
“Following this calculated destruction of a key locus of this investigation, alongside multiple direct attempts on my life and the safety of my family, I am forced to communicate from a secure, undisclosed location.
“If this investigation is to command the absolute trust of the Nigerian public and the international community, it must transcend standard bureaucratic boundaries.
“Therefore, I respectfully urge Your Excellency to expand the scope of this inquiry by establishing an independent, multi-stakeholder investigative panel.
“To guarantee complete neutrality, this panel should comprise:
Civil Society Organisations: Specifically Amnesty International, the Socio-Economic Rights and Accountability Project (SERAP) and other transparency Organisations.
The Nigerian Bar Association (NBA): To guarantee strict adherence to constitutional due process.
Independent Media Representatives: Selected members from reputable print and broadcast institutions to ensure unfettered, transparent access to documentation.
International Financial Observers: Representatives from the World Bank and the IMF, given that the funds in question tie directly to multilateral credit frameworks.
Human Rights Observers: Amnesty International, to monitor compliance with international safety and legal standards.”
