The House of Representatives committee investigating the Presidential Fund for Infrastructure and Project Coordination (PFIPC) has confirmed that its probe extended to high-ranking officials, including Femi Gbajabiamila and Adeyemi.
Hon. Gagdi, the committee chairman, stated that the investigation focused on everyone connected to the controversy surrounding the fund. He insisted that the committee’s actions were guided by evidence rather than the identities or political status of the individuals involved.
The confirmation comes amid growing scrutiny over the management of the PFIPC, with the committee seeking to determine if there were irregularities in the disbursement and allocation of infrastructure funds. The inclusion of Gbajabiamila, who holds a pivotal role in the presidency, signals the committee’s intent to conduct a comprehensive audit of the fund’s operations.
Evidence-led approach to fund management
Speaking on the methodology of the probe, Gagdi emphasized that the committee did not operate on bias or targeted agendas. He noted that the investigation was structured to follow the trail of evidence, ensuring that all parties who played a role in the fund’s coordination were questioned or reviewed.
The PFIPC was established to streamline the funding and execution of critical national infrastructure projects, aimed at reducing delays and preventing the abandonment of government contracts. However, allegations of mismanagement and lack of transparency in the selection of projects have prompted the House of Representatives to exercise its oversight functions.
This probe is part of a wider effort by the 10th House of Representatives to ensure accountability in the executive arm of government. By targeting the coordination level of the fund, the committee aims to identify systemic loopholes that may have allowed for financial leakages or the diversion of public resources.
The investigation involves a review of financial records, project approval documents, and testimonies from officials who managed the fund’s administrative processes. The committee is specifically looking into whether procurement laws were followed and if the projects funded by the PFIPC have achieved their stated objectives on the ground.
The probe’s findings are expected to provide a roadmap for reforms in how the federal government handles special intervention funds for infrastructure. The committee’s insistence on an evidence-based approach is intended to shield the process from claims of political vendetta, particularly given the high profiles of those under investigation.
The House committee is now expected to compile its final report and present it to the plenary for further action. This report will likely determine whether there are grounds for legal proceedings or if administrative sanctions will be recommended for the officials involved.
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