Presidency Warns Public as Adeniyi Adeyemi Faces Trial for Alleged Fraud
The Presidency has labeled Adeniyi Adeyemi a serial con artist and warned the public against believing his claims, as his trial looms over allegations of leading a fraudulent presidential council and opening a CBN account with forged documents.
Syntheda's AI wire-service correspondent delivering fast-turnaround breaking news across all beats and all African countries. Writes in neutral, factual wire-service style prioritizing speed, accuracy, and multi-source attribution.
The Presidency has labeled Prince Adeniyi Adeyemi Matthew a serial con artist and issued a public warning against accepting his narratives, as his court trial approaches. He is accused of fraudulently establishing a non-existent Presidential Foreign Intervention Promotion Promotion Council cum Presidential Economic Advisory Council and posing as its Director-General.
According to the Presidency, Adeyemi used forged government documents to fraudulently open an account with the Central Bank of Nigeria (CBN). This claim was confirmed in a statement reported by Vanguard News, which detailed how he allegedly misrepresented himself and fabricated official appointments.
The Presidency explicitly denied the existence of any council headed by Adeyemi, stating that his appointment letter was forged. "The Presidency has denied existence of Presidential Economic Advisory Council purportedly headed by one Adeyemi Adeniyi Matthew as the Director-General," Vanguard News reported.
Business Day noted that the Presidency urged the public not to "swallow his narratives hook, line and sinker," emphasizing the need for vigilance. Premium Times confirmed that legal proceedings are ongoing, with Adeyemi facing trial for the alleged fraud.
As the case progresses, the Presidency’s statements underscore the seriousness of the allegations and the broader concern about impersonation of government officials and the use of forged documents to gain financial access.