Allegations Trail ₦100m Transfer to IGP’s Son From Anambra Security Vote — Report

An investigative report has raised serious questions over the handling of Anambra State security funds following allegations that ₦100 million from the state’s security vote was paid into the personal bank account of Victor Adewale Egbetokun, son of Nigeria’s Inspector-General of Police, Kayode Adeolu Egbetokun.

According to the report by Sahara Reporters, multiple sources with direct knowledge of the transactions disclosed that the funds were transferred in September 2025 from the Anambra State Security Vote (VI) account domiciled with Sterling Bank into Victor Egbetokun’s Zenith Bank account. Documents obtained in the investigation reportedly show that the Anambra State Security Vote VI account, number 0102521622, transferred a total of ₦100 million into Zenith Bank account number 4236010637 bearing his name.

The transfers were allegedly executed in four tranches of ₦25 million each on September 12, 2025. Sources said Victor Egbetokun is neither a serving police officer nor a civil servant and holds no official position within the Anambra State Government or any recognised security agency, raising concerns over how funds meant for intelligence, logistics, and emergency security operations were handled.

The funds were said to be linked to the Anambra State Security Trust Fund at a time the state was battling violent attacks, arson, targeted killings, and widespread insecurity. Security vote allocations are designed to support rapid responses to such threats, but sources alleged that the money was instead transferred into a private account due to the influence associated with the office of the Inspector-General of Police.

Sources further claimed that around the same period, Victor Egbetokun maintained a lavish lifestyle, including the acquisition of luxury vehicles and frequent foreign travel, though these claims could not be independently verified. They insisted, however, that the spending patterns raised concerns within banking and security circles.

Transaction records cited in the report show that the four transfers carried detailed references and descriptions indicating they originated from the Anambra State Security Vote VI account, bringing the total to ₦100 million. The transactions reportedly triggered internal alarm and were brought to the attention of the Inspector-General of Police, who was said to have ordered his son to return the funds immediately after discovering they had been paid into a personal account.

Documents indicate that on September 29, 2025, the ₦100 million was electronically reversed to the security vote account in four tranches of ₦25 million each. However, another source alleged that the funds did not ultimately remain with the state, claiming the money was withdrawn in cash and later redeposited into Victor Egbetokun’s Zenith Bank account.

Bank records referenced in the investigation reportedly show that on October 2, 2025, ₦100 million was paid into his account in four separate cash deposits of ₦25 million each.

Reacting to enquiries, Nigeria Police Force spokesperson Benjamin Hundeyin said he contacted Victor Egbetokun, who confirmed that he once noticed a suspicious inflow into his account but could not recall the exact details. He said Victor instructed his account officer to reverse the transaction and return the funds to the source, adding that there had been no further cash deposits after the reversal and challenging anyone with evidence to the contrary to present it.

When contacted, the Anambra State Governor’s Special Adviser on Security, retired Air Vice Marshal Ben Chiobi, said he would respond after reviewing proof of the transactions. As of the time of filing the report no response had been received.