The Head of the Civil Service of the Federation (HCSF), Mrs. Esther Didi Walson-Jack, on Wednesday admitted before the House of Representatives Ad-hoc Committee investigating the alleged creation of the Presidential Economic Advisory Council (PEAC) and the Presidential Foreign Investment Promotion Council (PFIPC) without legal backing that her office failed to carry out adequate due diligence before issuing key approvals.

"It is important to note that no funds were released under salaries, overhead, capital, or any form of intervention or special allocation...

Fresh revelations emerged on Monday in the House of Reps' investigation into the Presidential Foreign Investment Promotion Council (PFIPC)..,