IGP’s Son, Victor Egbetokun, Accused Of Receiving N100Million From Anambra Security Vote Amid Rising Insecurity
Victor Adewale Egbetokun, son of Nigeria’s Inspector-General of Police (IGP), Kayode Adeolu Egbetokun, has been accused of financial impropriety following allegations that he received a total of ₦100 million from the Anambra State Government’s (ANSG) security vote account at a time when the state was grappling with serious security challenges.
Multiple sources with direct knowledge of the transactions reported that the funds were allegedly transferred from the Anambra State Security Vote (VI) account domiciled with Sterling Bank into Victor Egbetokun’s personal Zenith Bank account.
The transfers, which were reportedly carried out in September 2025, have raised serious questions about the handling of security funds meant to confront insurgency and violent crimes in the South-East.
According to a document obtained , the Anambra State Security Vote VI account, with account number 0102521622 at Sterling Bank, allegedly transferred the sum of ₦100,000,000 into a Zenith Bank account, number 4236010637, bearing the name Victor Adewale Egbetokun.
Sources familiar with the matter 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.
Despite this, he allegedly received funds drawn from a highly sensitive security vote account, which is traditionally reserved for intelligence gathering, operational logistics, and emergency responses to security threats.
The police record shows that on October 2, 2025, ₦100,000,000 was deposited into Victor Egbetokun’s Zenith Bank account in four cash tranches of ₦25 million each.
The cash deposit transactions were as follows: First deposit, ₦25,000,000 with transaction number: 15039864828, description: CASH DEPOSIT GL.
Second deposit: ₦25,000,000 with transaction number: 15039863135, description: CASH DEPOSIT GL.
Third deposit: ₦25,000,000 with transaction number: 15039862781, description: CASH DEPOSIT GL.
Fourth deposit: ₦25,000,000, transaction number: 15039864829, description: CASH DEPOSIT GL
All the four deposits amounted to ₦100,000,000.
Nigeria Police Force spokesperson, Benjamin Hundeyin, reported that he had contacted Victor Egbetokun, the son of the Inspector-General of Police.
Quoting Victor, Hundeyin said that Victor confirmed there was a time he noticed a suspicious inflow into his account, although he could not recall the exact details.
He stated, however, that he immediately instructed his account officer to reverse the transaction and return the money to its source.
He further said that he gave his account officer a standing instruction to always alert him whenever there is any inflow into his account.
"I have contacted Victor Egbetokun, the son of the Inspector-General of Police. He confirmed that there was a time he noticed suspicious inflow into his account. He cannot remember the exact details.
"However, he immediately instructed his account officer to reverse the transaction and return the money to its source. He further gave his account officer a standing instruction to always alert him (Victor) whenever there is an inflow into his account.
"Following your enquiry today, Victor has reached out to his account officer and can confirm that there has been no such cash deposit since the last reversal mentioned earlier. He, therefore, challenges anyone with evidence of such transaction to come up with it," he added.
Meanwhile, after reaching out to retired Air Vice Marshal Ben Chiobi, Special Adviser to the Anambra State Governor on Security, he promised to get back after receiving proof of the transactions.
As of the time of filing this report, Chiobi has not reacted to the allegations.
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