ICPC confirms arrest, detention of D’Banj over N-Power fund fraud

Popular Nigerian musician, Oladapo Oyebanji, also known as D’banj, has been arrested and detained in Abuja over alleged diversion of N-Power fund.
The pop star was arrested and detained Tuesday by the Independent Corrupt Practices and other Related Offences Commission.

The ICPC on Wednesday confirmed this in a statement signed by its spokesperson, Mrs Azuka Ogugua.

D’banji was accused of fraudulently diverting huge funds earmarked by the Nigerian government for N- Power project, an empowerment programme set up by the Nigerian government in 2016 to address youth unemployment and increase social development.
According to an ICPC source, D’banj was said to have colluded with some government officials to introduce ghost beneficiaries into the payroll of the scheme.

The money meant for those beneficiaries was then paid to accounts that have now been allegedly linked to the pop star.

D’banj was reported to have dodged summons by the ICPC for weeks, claiming to be overseas for scheduled concerts for interrogation over fraud allegation before the commission’s operatives closed in on him.

On arrival at the ICPC office, D’banj was reportedly subjected to a prolonged interrogation session after which he was detained.

His plea for administrative bail was reportedly rejected by officials who said the musician could not be trusted to attend his trial if released on bail.

The statement issued read in part, “The Independent Corrupt Practices and Other Related Offences Commission (ICPC) confirmed on Wednesday the arrest and detention of Mr. Oladipo Daniel Oyebanjo, otherwise known by his stage name D’Banj, over the investigation of 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 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. Many N-Power beneficiaries had complained over the non-receipt of the monthly funds in spite of payment by the Government.

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“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.

“D’banji turned himself in and was taken into custody at the ICPC headquarters, Abuja, 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. The investigation is ongoing and the Commission prefers not to preempt its outcome and also avoid the frenzy of a media trial.”