The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of Martins Vincent Otse following multiple petitions alleging his involvement in serious financial crimes.
According to a statement released by the Commission, Otse had repeatedly ignored formal invitations extended to him via his known addresses and communication channels. The EFCC stated that the petitions against him contained “grave allegations of financial malfeasance” which could not be overlooked.
While acknowledging that Otse had made several public attacks on the Commission’s operations, the EFCC clarified that his arrest was strictly in line with its mandate to investigate economic and financial crimes and not a reaction to his comments. The agency added that other relevant law enforcement bodies may address those outbursts if necessary.
The EFCC emphasized that it obtained the appropriate remand order and is lawfully holding Otse in custody as part of its ongoing investigation. He has, however, been granted administrative bail and will be released upon meeting the stipulated conditions.
The Commission also urged the public to remain patient and allow it to carry out its duties without interference or undue suspicion. It assured that charges will be filed once investigations are concluded.
