Gbenga Collins, the Managing Director of Divine Dopacy Nigeria Limited, appeared before a House of Representatives ad-hoc committee to describe how he was defrauded of N400 million. He claimed that Prince Adeniyi Adeyemi, who identified himself as the Director-General of the Presidential Foreign Investment Promotion Council (PFIPC), convinced him to pay the funds under the guise of securing a contract to renovate an official residence.
Collins testified that his belief in the council’s legitimacy stemmed from the professional setting of Adeyemi’s office at the Federal Secretariat, the presence of security personnel, and official vehicles bearing government license plates. Between May and July 2025, he transferred the funds in five installments to accounts associated with Adeyemi. Despite these payments, the promised mobilization never occurred, and the contract failed to materialize.
The businessman explained that he sought legal help after realizing he had been scammed and has since reported the matter to the Economic and Financial Crimes Commission (EFCC). He informed the committee that the financial loss has severely impacted his business and personal assets. Hon. Yusuf Gagdi, the committee chairman, noted that while the lawmakers aim to interview Adeyemi, they must respect a standing court order that keeps him in police custody. The committee plans to hold a private meeting with the suspect at a later date to avoid hindering ongoing investigations.
Addressing concerns about the legitimacy of the vehicles used by the suspect, the committee summoned the Corps Marshal of the Federal Road Safety Corps to explain how the official government registration numbers were issued. The investigation continues as the committee probes the alleged impersonation and financial misconduct surrounding the PFIPC.
