The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed the arrest and detention of OLADIPO DANIEL OYEBANJO, otherwise known as D’Banj, over the investigation of fraud associated with the N-Power Programme.

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

The Commission in its statement said it 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.

The commission revealed that several invitations to D’Banj, to appear before a team of investigators were ignored and not honored hence its action.