The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed the arrest and detention of Mr. Oladipo Daniel Oyebanjo, also known as D’Banj, over investigation of alleged fraud associated with the N-Power Programme.
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 a statement, Spokesperson of ICPC, Mrs. Azuka Ogugua, explains that 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.
However, many N-Power beneficiaries had complained over the non-receipt of the monthly funds in spite of payment by the Government.
According to the statement, 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.
It notes that several invitations to D’Banj, to appear before a team of investigators were ignored and not honored.