The Independent Corrupt Practices and Other Related Offences
Commission (ICPC) on Wednesday confirmed the arrest and detention of Mr.
Oladipo Daniel Oyebanjo, also known by his stage name, D’Banj, over the
investigation of fraud associated with the N-Power Programme.
NigerianEye learnt this in a statement signed by the
Commission’s spokesperson Mrs. Azuka Ogugua on Wednesday.
“The N-Power is a scheme established by President Muhammadu
Buhari on 8th June 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. Many N-Power beneficiaries had complained over the non-receipt
of the monthly funds in spite of 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 Mr. Oladipo
Daniel Oyebanjo, to appear before a team of investigators were ignored and not
honoured.
“Mr. Oyebanjo turned in himself and was taken into custody
at the ICPC Headquarters on Tuesday, 6th December 2022, and is currently
assisting the investigators to unravel the circumstances of the fraud
allegations by the petitioners.
“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.
“The press release becomes necessary to set the record
straight in view of the reports awash in the media. The investigation is
ongoing and the Commission prefers not to preempt its outcome and also avoid
the frenzy of a media trial”, the statement contained.
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