Accountability Questions Trail VDM's NGO as Femi Folorunsho Files Petition Over Financial Transparency Claims

Fresh controversy has emerged around the Martins Vincent Otse Initiative, the non-governmental organisation associated with social media activist VeryDarkMan (VDM), following a petition filed by Femi Folorunsho, who is demanding greater transparency over the NGO's finances.

According to Folorunsho, his concerns stem from public statements allegedly made by VeryDarkMan, in which the activist criticised other non-governmental organisations and religious institutions, while presenting his own NGO as a model of financial integrity.

Folorunsho claims VDM publicly stated that any Nigerian could walk into a Zenith Bank branch and obtain the NGO's bank statement to verify how donations were received and spent.

In a petition dated July 28, 2026, and addressed to the executive of the Martins Vincent Otse Initiative, Jerry Okokowa Ogaga (popularly known as KokoPee), Folorunsho requested financial documents, including audited accounts and explanations regarding the NGO's reported ₦100 million treasury bill investment.

According to him, the petition followed several earlier attempts to obtain information through emails and public inquiries. He also referenced an accountability video released by the organisation, saying it raised additional questions rather than resolving existing concerns.

To verify the public claim that the NGO's account statement was openly accessible, Folorunsho said he instructed a lawyer to visit the indicated Zenith Bank branch. According to his account, the request was declined.

He further alleged that an individual identified as Bambi claimed to have access to the bank statement and offered to help obtain it. Folorunsho said he even offered ₦500,000 if the statement could legally be produced, but the document was never provided.

He also stated that a direct inquiry to the bank reportedly yielded a response that a court order would be required before such banking information could be released, a position he argues contradicts the earlier public claim that anyone could obtain the statement by simply visiting the bank.

Folorunsho insists that his actions should not be interpreted as an allegation of wrongdoing but as a legitimate demand for accountability.

> "Asking questions is not an accusation. It is part of accountability," he stated, maintaining that every donor has the right to know how donated funds are managed.

As of the time of publication, VeryDarkMan, KokoPee, and the Martins Vincent Otse Initiative have not publicly responded to the latest petition or the specific claims raised by Folorunsho. Likewise, no findings have been made by any regulatory authority regarding the allegations.

The development has sparked fresh conversations on social media about transparency and accountability within charitable organisations. Governance experts note that public confidence in NGOs is strengthened when financial records are made available in accordance with applicable laws and regulatory requirements.

The matter is expected to attract further attention as stakeholders await a response from the NGO or any clarification from the relevant authorities.

Southern Report