Oladipo-Daniel Oyebanjo, better known by his stage name as D’Banj, has been detained as part of an ongoing investigation into the misappropriation of money for the N-Power programme, according to the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
This assertion was made in a statement issued by the Commission’s spokeswoman, Mrs. Azuka Ogugua, on Wednesday in Abuja.
Ogugua said that multiple petitions alleging the misappropriation of N-Power monies totalling billions of naira prompted the probe.
She said that despite the Federal Government paying the monthly stipends, many N-Power recipients had complained about not receiving them.
“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 Oyebanjo to appear before a team of investigators were ignored and not honoured.
“Oyebanjo turned in himself and was taken into custody at the ICPC Headquarters on Tuesday, December 6, 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.
“This press release has become necessary to set the record straight in view of the reports awash in the media,” she said.
According to her, the inquiry is still underway, and the commission would rather not predict its decision in order to prevent a media trial.
President Muhammadu Buhari introduced the N-Power initiative on June 8, 2016, to empower jobless graduates.
