The Independent Corrupt Practices and Other Related Offences Commission, (ICPC), has confirmed on Wednesday, the arrest and detention of Oladipo Daniel Oyebanjo, otherwise known by his stage name, D’Banj, over the investigation of fraud, associated with the N-Power Programme.
The N-Power is a scheme established by President Muhammadu Buhari on June 8, 2016, to address the issues of youth unemployment and empowerment, and help increase social development.
In line with its mandate, the Commission had received numerous petitions on the diversion of N-Power funds running into billions of Naira, following the approval and release of such funds to the beneficiaries by the Federal Government.
In a statement by the ICPC spokesman Azuka Ogugua, many N-Power beneficiaries had complained over the non-receipt of the monthly funds, despite payment by the government.
About 10 persons have been invited by the ICPC over the last few months, in connection with the N-Power fraud, and have been granted administrative bail, after their detention.
Several invitations to Oladipo Daniel Oyebanjo, to appear before a team of investigators were ignored and not honoured.
Oyebanjo turned in himself and was taken into custody, at the ICPC Headquarters on Tuesday, December 6, 2022, and is currently assisting the investigators to unravel the circumstances of the fraud allegations by the petitioners.
The statement notes that the investigation will be all-encompassing, and also be extended to other collaborators of the fraud, and the banks where the beneficiaries’ accounts are domiciled.
(Editor: Ifeanyi Mark)
