ICPC confirms arrest, detention of D’banj over alleged N-Power fraud

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The ICPC says the investigation of D'banj will be all-encompassing and that his alleged collaborators are being probed as well.

The confirmation by the ICPC is coming several hours after PREMIUM TIMES exclusively broke the news of the musician’s ordeals.

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 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.

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.

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. The investigation is ongoing and the Commission prefers not to preempt its outcome and also avoid the frenzy of a media trial.

 

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I see that this post attracted little or no engagement from 'the mob'.

O'she D banji mr money.. Huspuppi divert US covid benefit D banji divert NG N_power fund, cash out every where you go.... AdegborioyeAb

🙆🤦

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