EXCLUSIVE: IGP’s Son, Victor Egbetokun, Accused Of Receiving N100Million From Anambra Security Vote Amid Rising Insecurity
Victor Adewale Egbetokun, son of Nigeria’s Inspector-Typical of Police (IGP), Kayode Adeolu Egbetokun, has been accused of industrial impropriety following allegations that he got a total of ₦100 million from the Anambra Pronounce Government’s (ANSG) security vote fable at a time when the explain used to be grappling with serious security challenges.
Multiple sources with speak files of the transactions told SaharaReporters that the funds were allegedly transferred from the Anambra Pronounce Security Vote (VI) fable domiciled with Sterling Bank into Victor Egbetokun’s deepest Zenith Bank fable.
The transfers, which were reportedly performed in September 2025, occupy raised serious questions concerning the handling of security funds meant to confront insurgency and violent crimes within the South-East.
Fixed with a document acquired by SaharaReporters, the Anambra Pronounce Security Vote VI fable, with fable quantity 0102521622 at Sterling Bank, allegedly transferred the sum of ₦100,000,000 precise into a Zenith Bank fable, quantity 4236010637, bearing the title Victor Adewale Egbetokun.
Sources acquainted with the topic acknowledged Victor Egbetokun is neither a serving police officer nor a civil servant, and holds no loyal area contained within the Anambra Pronounce Government or any recognised security company.
Despite this, he allegedly got funds drawn from a extremely serene security vote fable, which is historically reserved for intelligence gathering, operational logistics, and emergency responses to security threats.
Funds Allegedly Linked to Anambra Security Have faith Fund
Several sources disclosed that the money originated from the Anambra Pronounce Security Have faith Fund, a pool of sources designed to enhance security agencies and interventions within the explain.
This used to be reportedly within the course of a duration when Anambra used to be grappling with violent attacks, arson, focused killings, and frequent bother linked to insurgency activities by non-explain actors.
Anambra Pronounce has, in recent times, recorded repeated attacks on security formations, government products and services, and civilians, leading to lack of lives and destruction of property. Security votes are meant to invent swift, discreet funding to confront such threats.
Then again, sources alleged that as a substitute of being deployed without extend for security operations, the funds were transferred into the deepest fable of the IGP’s son, thanks to his father’s area because the nation’s absolute top-rating police officer.
“Because his father used to be the Inspector-Typical of Police and wielded sizable have an effect on, the money used to be allegedly despatched straight to his son’s deepest fable,” one source acknowledged.
Alleged Lavish Everyday life and Spending
Sources extra alleged that Victor Egbetokun lived an extravagant lifestyle across the duration in request, alongside with the acquisition of luxurious automobiles, particularly Mercedes-Benz automobiles, and frequent international journeys
Though SaharaReporters couldn’t independently compare the particular purchases, multiple sources insisted that his spending patterns raised eyebrows within banking and security circles.
A senior source acquainted with the transactions expressed area that funds meant to address insecurity were allegedly diverted for deepest impart.
“The troubling section is now not upright that the money went precise into a non-public fable, nonetheless that it belonged to somebody with no loyal security role,” the source acknowledged.
Transaction Details: Four Tranches of ₦25 Million
Narrative viewed by SaharaReporters demonstrate that the ₦100 million used to be transferred in four separate tranches of ₦25 million each and every on September 12, 2025.
The transfers were reportedly performed as follows: First switch: ₦25,000,000 with transaction quantity: 000001250912172436115936847375
Second switch: ₦25,000,000 with transaction quantity: 000001250912172407229724925587
Third switch: ₦25,000,000 with transaction quantity: 000001250912172302539326850852
Fourth switch: ₦25,000,000 with transaction quantity: 000001250912172103310554730414
The total of the four transactions amounted to ₦100,000,000.
Alleged Intervention by the IGP and Reversal of Fund
Sources acknowledged the transfers in the end ended in interior concerns, reportedly reaching the eye of the Inspector-Typical of Police himself.
One source accepted that IGP Egbetokun objected to the transaction upon discovering that the funds had been paid into his son’s deepest fable.
Fixed with the source, the IGP warned his son that the topic bore similarities to the scandal that ended in the removal and prosecution of former IGP Tafa Balogun in 2005 over corruption allegations.
“There used to be a serious incompatibility. Egbetokun reportedly told his son to be careful and ordered him to come the money today to the Anambra Pronounce Security Vote fable,” the source acknowledged.
A document acquired by SaharaReporters implies that on September 29, 2025, the ₦100 million used to be reversed in four tranches of ₦25 million each and every.
The reversals were recorded as follows: First reversal: ₦25,000,000 with reference quantity: 000001250912172103310554730414
Second reversal: ₦25,000,000 with reference quantity: 000001250912172302539326850852
Third reversal: ₦25,000,000, reference quantity: 000001250912172407229724925587
Fourth reversal: ₦25,000,000, reference quantity: 000001250912172436115936847375
In the period in-between, the total reversed quantity stood at ₦100,000,000.
Alleged Money Withdrawal and Re-Deposit
Then again, despite the electronic reversals, yet any other source told SaharaReporters that the funds did not in a roundabout procedure live with the Anambra Pronounce Security Vote fable.
Fixed with this source, the money used to be withdrawn in money and redeposited into his Zenith Bank fable days later.
“Whenever you happen to appear the guidelines in moderation, you’ll look three stages,” the source claimed. “First, the electronic transfers to his fable. Second, the reversals help to the safety vote fable. Third, money withdrawals and deposits help into his fable.”
The police account reveals that on October 2, 2025, ₦100,000,000 used to be deposited into Victor Egbetokun’s Zenith Bank fable in four money tranches of ₦25 million each and every.
The money deposit transactions were as follows: First deposit, ₦25,000,000 with transaction quantity: 15039864828, description: CASH DEPOSIT GL.
Second deposit: ₦25,000,000 with transaction quantity: 15039863135, description: CASH DEPOSIT GL.
Third deposit: ₦25,000,000 with transaction quantity: 15039862781, description: CASH DEPOSIT GL.
Fourth deposit: ₦25,000,000, transaction quantity: 15039864829, description: CASH DEPOSIT GL
The total four deposits amounted to ₦100,000,000.
When SaharaReporters contacted the Nigeria Police Force spokesperson, Benjamin Hundeyin, he told SaharaReporters that he had contacted Victor Egbetokun, the son of the Inspector-Typical of Police.
Quoting Victor, Hundeyin acknowledged that Victor confirmed there used to be a time he noticed a suspicious influx into his fable, even supposing he couldn’t recall the particular facts.
He acknowledged, then again, that he today quick his fable officer to reverse the transaction and return the money to its source.
He extra acknowledged that he gave his fable officer a standing instruction to constantly alert him at any time when there is any influx into his fable.
“I even occupy contacted Victor Egbetokun, the son of the Inspector-Typical of Police. He confirmed that there used to be a time he noticed suspicious influx into his fable. He cannot bear in mind the particular facts.
“Then again, he today quick his fable officer to reverse the transaction and return the money to its source. He extra gave his fable officer a standing instruction to constantly alert him (Victor) at any time when there is an influx into his fable.
“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.
In the period in-between, when SaharaReporters reached out to retired Air Vice Marshal Ben Chiobi, Particular Adviser to the Anambra Pronounce Governor on Security, he promised to glean help after receiving proof of the transactions.
As of the time of submitting this account, Chiobi has now not reacted to the allegations.
