Victor Adewale Egbetokun, son of the Inspector-General of Police, Kayode Adeolu Egbetokun, has been accused of receiving ₦100 million from the Anambra State Government’s security vote account amid rising insecurity in the state. The allegation centres on transactions reportedly carried out in September 2025.
Multiple sources said 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. Documents obtained indicate that the ₦100 million was transferred 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. Security vote funds are traditionally reserved for intelligence gathering, logistics, and emergency responses to security threats.
The funds were reportedly linked to the Anambra State Security Trust Fund at a time when the state was experiencing violent attacks, arson, and targeted killings attributed to insurgent activities. Sources alleged that the money was transferred to Victor Egbetokun’s account because of his father’s position as the nation’s highest-ranking police officer.
Documents further show that the ₦100 million was reversed to the Anambra security vote account on September 29, 2025, following concerns raised over the transaction. However, sources claimed that the money was later withdrawn in cash and redeposited into Victor Egbetokun’s Zenith Bank account on October 2, 2025, again in four tranches of ₦25 million each.
When contacted, the Nigeria Police Force spokesperson, Benjamin Hundeyin, said Victor Egbetokun confirmed that he once noticed a suspicious inflow into his account and immediately instructed his account officer to reverse the transaction to its source. He added that Victor denied any subsequent cash deposits and challenged anyone with evidence to present it.
Efforts to obtain a response from the Anambra State Government were unsuccessful. Retired Air Vice Marshal Ben Chiobi, the governor’s Special Adviser on Security, said he would respond after reviewing the alleged transaction documents but had not done so as of the time of filing this report.
