The singer allegedly connived with some government officials, created ghost beneficiaries and paid the money into accounts which have been linked to him.
N-power is believed to be the greatest fraud scheme to ever exist in Nigeria.
FLASH: ICPC detains singer D’banj over alleged fraud
The Independent Corrupt Practices and other Related Offences Commission (ICPC) has arrested Oladapo Oyebanji aka D’banj.
The musician was arrested and detained on Tuesday after ICPC operatives closed in on him and forced him to surrender himself at the agency’s headquarters in Abuja.
D’banj was said to have been making excuses while being summons for weeks, claiming to be overseas for scheduled concerts each time he was invited to appear for interrogation over fraud allegation.
The singer is accused of fraudulently diverting monies earmarked by the Federal Government for N-Power project, an empowerment programme set up in 2016 to address youth unemployment and increase social development.
Investigators allege that D’banj colluded with some compromised government officials to introduce ghost beneficiaries into the payroll of the scheme. The stipend paid to those beneficiaries are then paid to accounts that have now allegedly been linked to the pop star.
After the musician failed to show up for interrogation despite multiple invitations, the ICPC were forced to arrest him, causing him to show up at the commission’s office on Tuesday.
