The Federal High Court in Abuja has declined to grant bail and medical treatment requested by Adeniyi Adeyemi, who is being held by the police over allegations linked to the disputed Presidential Foreign Investment Promotion Council.

Justice Obiora Egwuatu, however, ordered the Inspector-General of Police and the Attorney-General of the Federation to ensure that Adeyemi is given access to his legal representatives.

The judge also directed the police and the AGF to appear before the court within 72 hours and explain why the other reliefs sought by Adeyemi, including his release on bail, should not be granted.

The orders were issued on Thursday while the court considered an ex-parte application filed by Adeyemi, who is facing an eight-count charge bordering on alleged forgery, fraud and impersonation.

Justice Egwuatu subsequently adjourned the case until September 9 for the respondents to provide their explanations.
Adeyemi has remained in police custody since his arrest in Osun State on July 14.

His detention followed a bench warrant issued by Justice Mohammed Umar of the Federal High Court after he failed to appear in court for arraignment.

The police had filed the criminal charges against him on November 27, 2025, accusing him of forging documents allegedly originating from the State House, falsely claiming to be the Director-General of the PFIPC and impersonating a government official.

The case is tied to the controversy surrounding the Presidential Foreign Investment Promotion Council, an organisation whose status and activities have been disputed.

The Presidency has maintained that the council is not a government agency established by the Tinubu administration and accused Adeyemi of relying on forged appointment documents while seeking official recognition for the organisation.

The controversy intensified after an entity identified in the 2026 Appropriation Bill as the Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council was allocated approximately N1.303 billion.

The development prompted the House of Representatives to launch an investigation into how the disputed organisation found its way into the federal budget.

The Independent Corrupt Practices and Other Related Offences Commission also investigated the matter and submitted an interim report to President Bola Tinubu in August.


The commission recommended Adeyemi’s prosecution, stating that its preliminary findings indicated that he was not appointed by the Federal Government and that documents allegedly used in connection with the organisation were forged.

The House committee investigating the matter has also heard allegations about Adeyemi’s activities.

During a hearing in August, businessman Gbenga Collins told lawmakers that he paid N400 million to Adeyemi in connection with efforts to secure a government contract.

Adeyemi has denied the allegations and maintained that he is ready to defend himself before the court.

The matter is expected to come up again on September 9, when the police, the Nigeria Police Force and the Attorney-General of the Federation are due to respond to the outstanding applications before the court.