ICPC Confirms Arrest Of D’Banj For Alleged N-Power Fraud

The Independent Commission for Corrupt Practices and Other Related Crimes (ICPC) confirmed on Wednesday the arrest and detention of Oladipo Daniel Oyebanjo, also known by his stage name, D’Banj on the investigation of fraud associated with the N-Power Program.

The confirmation from the ICPC comes several hours after PREMIUM TIMES exclusively broke the news of the musician’s ordeal.

The N-Power is a scheme established by President Muhammadu Buhari on June 8, 2016 to address unemployment and youth empowerment issues, and help increase social development.

In its statement on Wednesday afternoon, ICPC said:

In accordance with its mandate, the Commission had received numerous petitions regarding the diversion of N-Power funds worth billions of Naira following the approval and release of such funds to beneficiaries by the Federal Government.

Many N-Power beneficiaries had complained about the non-receipt of the monthly funds despite payment by the Government.

ICPC has invited about 10 people in recent months in connection with the N-Power fraud and they have been released on administrative bail after their arrest. Several invitations to Mr. Oladipo Daniel Oyebanjo (D’banj) to appear before a team of investigators were ignored and not honored.

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