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D'BANJ ARRESTED OVER ALLEGED FRAUD DIVERSION

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) have arrested and detained Mr. Oladipo Daniel Oyebanjo, popularly known as D’Banj, over 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.


Information available indicates that 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.


Many N-Power beneficiaries had reportedly complained over the non-receipt of the monthly funds despite 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 in himself 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.

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