Tuesday , February 7 2023
Home / Uncategorized / ICPC Arrests, Detains D’banj Over Diversion N-Power Fund

ICPC Arrests, Detains D’banj Over Diversion N-Power Fund

The Independent Corrupt Practices and other Related Offences Commission (ICPC) on Wednesday confirmed the arrest and detention of  singer Oladapo Oyebanji popularly known as D’banj.

According to the commission, the music star was arrested in connection with the diversion of the N-Power fund.

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

The commission  said it has received  several petitions regarding 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 complained over the non-receipt of the monthly funds in spite of 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.

“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,” an ICPC statement partly read.

Dbanj was detained after a prolonged interrogation session and his plea  for administrative bail was refused because the officials said the musician couldn’t be trusted to attend his trial if released on bail

Comments

comments

Check Also

First Bank, GTCO open Saturday, Sunday to collect old naira notes

First Bank of Nigeria Limited and Guaranty Trust Bank (GTBank) say their branches across the …

Friends, colleagues, associates celebrate Falola At 70

Former President Olusegun Obasanjo was among a galaxy of academics, friends, family and associates to …

Social Media Auto Publish Powered By : XYZScripts.com