The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has arrestef musical artiste Oladipo Daniel Oyebanjo, a.k.a. D’Banj, over the investigation of fraud associated with the Federal Government’s 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.
It is being conducted by the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development under the minister, Hajiya Sadiya Umar Farouq.
The ICPC said in a statement issued by its spokesperson that in line with its mandate, it 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.
It said 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 himself in 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.”
He said: “This press release has become 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.”
