IGP Kayode Egbetokun's Son, Victor Accused Of Receiving N100:Million Bribe From Anambra Security Vote
One of the sons of the Inspector General of Police, Victor Adewale Egbetokun, has been accused receiving N100 million bribe from the Anambra State government.
One of the sons of the Inspector General of Police, Victor Adewale Egbetokun, has been accused receiving N100 million bribe from the Anambra State government.
The money was reportedly paid in four tranches of N25 million each from the state government's security vote, at a time when the state was grappling with serious security challenges.
Multiple sources with direct knowledge of the transactions told SaharaReporters that the funds were allegedly transferred from the Anambra State Security Vote, VI account domiciled with Sterling Bank into Victor’s personal account in Zenith Bank.
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 by SaharaReporters, the Anambra State Security Vote VI account number 0102521622 at Sterling Bank, was allegedly debited N100 million, which was transferred nto 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.
Several sources said that the money originated from the Anambra State Security Trust Fund, a pool of resources designed to support security agencies and interventions in the state adding that the transfer was made when Anambra was grappling with violent attacks, arson, targeted killings, and widespread fear linked to insurgency activities by non-state actors.
Anambra State has, in recent years, recorded repeated attacks on security formations, government facilities, and civilians, leading to loss of lives and destruction of property. Security votes are meant to provide swift, discreet funding to confront such threats.
However, the sources alleged that instead of being deployed directly for security operations, the funds were transferred into the personal account of the IGP’s son, because of his father’s position as the nation’s highest-ranking police officer.
“Because his father was the Inspector-General of Police and wielded enormous influence, the money was allegedly sent straight to his son’s personal account,” one source said.
Alleged Lavish Lifestyle and Spending
Sources further alleged that Victor Egbetokun lived an extravagant lifestyle around the period in question, including the acquisition of luxury vehicles, particularly Mercedes-Benz cars, and frequent foreign trips
Although SaharaReporters could not independently verify the specific purchases, multiple sources insisted that his spending patterns raised eyebrows within banking and security circles.
A senior source familiar with the transactions expressed concern that funds meant to address insecurity were allegedly diverted for personal use.
“The troubling part is not just that the money went into a private account, but that it belonged to someone with no official security role,” the source said.
Transaction Details: Four Tranches of ₦25 Million
Document seen by SaharaReporters show that the ₦100 million was transferred in four separate tranches of ₦25 million each on September 12, 2025.
The transfers were reportedly carried out as follows: First transfer: ₦25 million with transaction number: 000001250912172436115936847375, description: InBranch NIP at 022 BOO ANSG-SECURITY VOTE/VI ACCT IFO VICTOR ADEWALE EGBETOKUN OK.
Second transfer: ₦25,000,000 with transaction number: 000001250912172407229724925587, description: InBranch NIP at 022 BOO ANSG-SECURITY VOTE/VI ACCT IFO VICTOR ADEWALE EGBETOKUN OK.
Third transfer: ₦25,000,000 with transaction number: 000001250912172302539326850852, description: InBranch NIP at 022 BOO ANSG-SECURITY VOTE/VI ACCT IFO VICTOR ADEWALE EGBETOKUN OK.
Fourth transfer: ₦25,000,000 with transaction number: 000001250912172103310554730414, description: InBranch NIP at 022 BOO ANSG-SECURITY VOTE/VI ACCT IFO OK.
Alleged Intervention by the IGP and Reversal of Fund
Sources said the transfers eventually triggered internal concerns, reportedly reaching the attention of the Inspector-General of Police himself.
One source noted that IGP Egbetokun objected to the transaction upon discovering that the funds had been paid into his son’s personal account.
According to the source, the IGP warned his son that the situation bore similarities to the scandal that led to the removal and prosecution of former IGP Tafa Balogun in 2005 over corruption allegations.
Multiple sources with direct knowledge of the transactions told SaharaReporters that the funds were allegedly transferred from the Anambra State Security Vote, VI account domiciled with Sterling Bank into Victor’s personal account in Zenith Bank.
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 by SaharaReporters, the Anambra State Security Vote VI account number 0102521622 at Sterling Bank, was allegedly debited N100 million, which was transferred nto 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.
Several sources said that the money originated from the Anambra State Security Trust Fund, a pool of resources designed to support security agencies and interventions in the state adding that the transfer was made when Anambra was grappling with violent attacks, arson, targeted killings, and widespread fear linked to insurgency activities by non-state actors.
Anambra State has, in recent years, recorded repeated attacks on security formations, government facilities, and civilians, leading to loss of lives and destruction of property. Security votes are meant to provide swift, discreet funding to confront such threats.
However, the sources alleged that instead of being deployed directly for security operations, the funds were transferred into the personal account of the IGP’s son, because of his father’s position as the nation’s highest-ranking police officer.
“Because his father was the Inspector-General of Police and wielded enormous influence, the money was allegedly sent straight to his son’s personal account,” one source said.
Alleged Lavish Lifestyle and Spending
Sources further alleged that Victor Egbetokun lived an extravagant lifestyle around the period in question, including the acquisition of luxury vehicles, particularly Mercedes-Benz cars, and frequent foreign trips
Although SaharaReporters could not independently verify the specific purchases, multiple sources insisted that his spending patterns raised eyebrows within banking and security circles.
A senior source familiar with the transactions expressed concern that funds meant to address insecurity were allegedly diverted for personal use.
“The troubling part is not just that the money went into a private account, but that it belonged to someone with no official security role,” the source said.
Transaction Details: Four Tranches of ₦25 Million
Document seen by SaharaReporters show that the ₦100 million was transferred in four separate tranches of ₦25 million each on September 12, 2025.
The transfers were reportedly carried out as follows: First transfer: ₦25 million with transaction number: 000001250912172436115936847375
Second transfer: ₦25,000,000 with transaction number: 000001250912172407229724925587
Third transfer: ₦25,000,000 with transaction number: 000001250912172302539326850852
Fourth transfer: ₦25,000,000 with transaction number: 000001250912172103310554730414
Alleged Intervention by the IGP and Reversal of Fund
Sources said the transfers eventually triggered internal concerns, reportedly reaching the attention of the Inspector-General of Police himself.
One source noted that IGP Egbetokun objected to the transaction upon discovering that the funds had been paid into his son’s personal account.
According to the source, the IGP warned his son that the situation bore similarities to the scandal that led to the removal and prosecution of former IGP Tafa Balogun in 2005 over corruption allegations.
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