The Independent Corrupt Practices Commission (ICPC) in Nigeria has cleared former Lagos State Governor Babalakin Gbajabiamila of fraud allegations, while seeking the prosecution of former federal minister Adeniyi Adeyemi. The commission revealed that Adeyemi had floated fictitious organizations, including the Fake Investment and Financial Assistance Programme (FIPA), and another fake entity. The ICPC also identified collaborators within key government offices, including the Senate, House of Representatives, and the Office of the Attorney General of the Federation.
The report highlights that Adeyemi’s alleged fraud involved the misuse of public funds and the creation of fake institutions to defraud the government. The ICPC has urged President Bola Tinubu to review the findings and consult with the Attorney General of the Federation before taking any legal action. Tinubu’s office has not yet commented on the report.
The case underscores ongoing concerns about financial misconduct in Nigerian politics. The ICPC’s decision to absolve Gbajabiamila has sparked discussions about the commission’s independence and the transparency of its investigations. (thisdaylive.com)
