Posted by The Independent Corrupt Practices and Other Related Offences Commission (ICPC) confirmed Mr. Oladipo Daniel Oyebanjo's arrest and detention on Wednesday in connection with the investigation of fraud connected to the N-Power Program. Mr. Oyebanjo is also known by his stage name, D'Banj.
This information was provided to GOSPELCABLE on Wednesday in a statement written by Mrs. Azuka Ogugua, the Commission's spokesperson.
“On June 8, 2016, President Muhammadu Buhari launched the N-Power program to address the problems of young unemployment and empowerment while also promoting social development.
“In accordance with its mandate, the Commission had received several petitions regarding the misappropriation of N-Power monies totaling billions of naira after the Federal Government approved and released such payments to the recipients.
“Many N-Power beneficiaries had complained about not receiving their monthly payments despite the Government paying them.
“In the past few months, the ICPC has invited about 10 people in relation to the N-Power fraud; following their detention, these people were given administrative bail.
“Mr. Oladipo Daniel Oyebanjo rejected and disregarded several offers to appear before a team of investigators.
“On Tuesday, December 6, 2022, Mr. Oyebanjo turned himself in and was taken into custody at the ICPC Headquarters. He is now assisting the investigators in determining the facts surrounding the fraud allegations made by the petitioners.
“The inquiry will be thorough and broadened to include more fraud partners as well as the institutions holding the beneficiary accounts.
“In light of the numerous media stories, the press release is required to clarify the situation. The Commission prefers not to predict the conclusion of the investigation while it is continuing and also wants to avoid the media circus of a trial.
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