Victor Adewale Egbetokun, son of Nigeria’s Inspector-General of Police (IGP) Kayode Adeolu Egbetokun, is facing allegations of financial impropriety after reportedly receiving ₦100 million from the Anambra State Government’s security vote at a time when the state was experiencing heightened insecurity.

Multiple sources with direct knowledge told SaharaReporters that the funds were transferred from the Anambra State Security Vote (VI) account at Sterling Bank into Victor Egbetokun’s personal Zenith Bank account in September 2025, raising questions about the management of funds intended to tackle insurgency and violent crimes in the South-East.

Documents obtained by SaharaReporters show that the ₦100 million was transferred in four separate tranches of ₦25 million each, with detailed transaction references confirming the inflows to Egbetokun’s account.

Sources emphasized that Victor Egbetokun holds no official role in the police, government, or any security agency, making the alleged receipt of the funds highly irregular. The money was reportedly meant for operational logistics, intelligence, and emergency responses to security threats in Anambra, which has faced repeated attacks, arson, and targeted killings in recent years.

Insiders allege that Victor lived an extravagant lifestyle during this period, including the purchase of luxury vehicles and frequent foreign trips, sparking further suspicion about the use of the security funds.

Reversal and Alleged Re-deposit

Following internal concerns, the IGP is said to have confronted his son, instructing him to return the money, which was electronically reversed to the security vote account on September 29, 2025.

However, sources claimed that despite the reversal, the funds were later withdrawn in cash and redeposited into Egbetokun’s account in four tranches of ₦25 million each on October 2, 2025.

When contacted, Nigeria Police Force spokesperson Benjamin Hundeyin confirmed that Victor noticed a suspicious inflow, instructed his account officer to return the money, and set a standing instruction to be alerted of any future deposits. Victor reportedly challenges anyone with evidence of cash redeposits to present it.

Attempts to reach Ben Chiobi, Special Adviser to the Anambra State Governor on Security, for comment on the alleged transactions were not successful at the time of filing.

The alleged transactions have raised concerns about the handling of sensitive security funds during a period of escalating insecurity in Anambra State.