In the face of growing insecurity in the state, Victor Adewale Egbetokun, son of Inspector-General of Police Kayode Egbetokun, has been linked with embezzling ₦100 million from the security vote account of the Anambra State Government.
According to SaharaReporters, which cited a number of sources, the money was purportedly sent into Victor Egbetokun’s personal Zenith Bank account in September 2025 from the Anambra State Security Vote VI account that was registered with Sterling Bank.
The ₦100 million was paid in four installments of ₦25 million each.
This raises concerns about how sensitive security monies intended for operational logistics and intelligence collection were handled.
Sources said Victor Egbetokun holds no official position within the Anambra State Government or any recognised security agency, yet allegedly received funds linked to the Anambra State Security Trust Fund during a period of violent attacks and security challenges in the South-East.
The report further alleged that the transfers were later reversed following internal concerns, reportedly after the IGP became aware of the transaction and ordered that the money be returned.
However, SaharaReporters claimed that despite the reversal, the funds were later withdrawn in cash and redeposited into Victor Egbetokun’s account.
Reacting through the Force Public Relations Officer, Benjamin Hundeyin, Victor Egbetokun confirmed noticing a suspicious inflow into his account and said he immediately instructed his bank to reverse the transaction and return the money to its source.
He also challenged anyone with evidence of further cash deposits after the reversal to present it. The Special Adviser to the Anambra State Governor on Security, retired Air Vice Marshal Ben Chiobi, said he would respond after reviewing the alleged transaction records.
According to sources, IGP Egbetokun was alerted to the transfers, which caused him to object after learning that the money had been sent to his son’s personal account. Citing the 2005 Tafa Balogun affair, he allegedly forewarned his son of the possible legal repercussions and mandated the money’s prompt return.
A source from police force mentioned that the sacked IGP is linked with many scandals, plus the health challenge he is facing, his dismissal is not far from the scandals following him.
As at the time of filing this report, the Anambra State Government had not issued an official statement on the allegations.
This is insult to Nigeria’s intelligence, does it mean the sender or bank official who wired this money to victor’s account didn’t check the recipients name before sending.