The Economic and Financial Crimes Commission (EFCC) has granted administrative bail to social media activist Martins Vincent Otse, popularly known as VDM, after inviting him for questioning over alleged financial crimes.
The EFCC in a statement said it had issued several invitations to VDM, which he reportedly ignored, prompting the agency to take further action.
Allegations and Investigation
The EFCC is investigating VDM over petitions alleging financial malfeasance, which the agency cannot ignore. While VDM has been critical of the EFCC’s operations, the agency maintains that his arrest was not motivated by these criticisms. Instead, the EFCC is focused on investigating the allegations and allowing the law to take its course.
Administrative Bail
VDM has been offered administrative bail and will be released after fulfilling the bail conditions. The EFCC has emphasized its commitment to carrying out its mandate without fear or favor, allowing it to investigate and prosecute financial crimes effectively.
EFCC’s Mandate
The EFCC’s primary responsibility is to investigate and prevent economic and financial crimes in Nigeria. The agency’s role is crucial in maintaining the integrity of the country’s financial system and ensuring that those who engage in financial malfeasance are held accountable.
The EFCC has granted administrative bail to activist VDM after inviting him for questioning over alleged financial crimes. Learn more about the EFCC’s investigation and VDM’s case.