According to the sources, the development triggered tension at the Force Headquarters in Abuja, popularly referred to as “the first headquarters,” where the IGP reportedly convened an emergency management meeting shortly after SaharaReporters published its investigation into the matter.
Multiple high-ranking police sources have told SaharaReporters that Nigeria’s Inspector-General of Police (IGP), Kayode Egbetokun, has been deeply unsettled following recent media reports linking his son, Victor Adewale Egbetokun, to an alleged ₦100 million financial impropriety involving funds said to have originated from the Anambra State Government’s (ANSG) security vote account.
According to the sources, the development triggered tension at the Force Headquarters in Abuja, popularly referred to as “the first headquarters,” where the IGP reportedly convened an emergency management meeting shortly after SaharaReporters published its investigation into the matter.
During the meeting, Egbetokun reportedly confronted senior officers, accusing them of orchestrating the leak of sensitive documents to the public
A source privy to the discussions revealed that the IGP blamed internal elements within the police hierarchy for what he described as a deliberate attempt to embarrass him and undermine his authority.
“The IGP was extremely angry. He told the management team that some of them were behind how documents got to SaharaReporters. He feels betrayed and believes this was done to destabilise him,” the source said.
Another senior officer disclosed that the report has caused significant unease within the Force Headquarters, prompting Egbetokun to personally summon his son and issue stern warnings.
“The news about the alleged embezzlement of ₦100 million from Anambra State’s security vote by the IGP’s son, Victor Egbetokun, has really caused a lot of problems at the Force Headquarters,” the source said.
“The IGP reportedly cautioned his son and even instructed him to keep a low profile for now, including hiding his luxurious vehicles, to avoid drawing more attention.”
Sources further revealed that the atmosphere within the police leadership has since become tense and hostile, with the IGP allegedly directing his anger at members of the management team, whom he suspects of disloyalty.
“The issue is very, very serious,” another top source said. “The entire management team has been under pressure. The IGP has been openly hostile and suspicious, accusing them of working against him.”
Beyond internal accusations, multiple sources said Egbetokun has also turned his anger toward the Anambra State Government, which he allegedly accused of masterminding the scandal as part of a broader plot to remove him from office.
According to one insider, the IGP believes the Anambra State Government is using the controversy surrounding his son to undermine him politically and force him out as Inspector-General of Police.
“He has accused the Anambra State Government of trying to unseat him as IGP,” the source said. “But he also said very clearly that there is nothing they can do.”
Another source quoted the IGP as boasting that his position is secure until 2027, regardless of the controversy or pressure from any quarter.
The source added that Egbetokun expressed bitterness over what he described as betrayal by Anambra State officials, especially after the role he allegedly played during the state’s governorship election.
“He is very angry with Anambra State because, according to him, after everything he did for them during the election, they are now trying to unseat him,” the source said.
The Inspector-General was also said to be suspicious of potential successors within the police hierarchy. One name repeatedly mentioned by sources is Assistant Inspector-General of Police (AIG) Tunji Disu, who is currently serving at the Force Headquarters.
“The IGP is also angry at people he thinks could replace him,” a source disclosed. “He suspects AIG Disu because he believes he has very strong and influential backers.”
The source went further to allege that powerful political interests, including a wealthy senator reportedly eyeing the Ogun State governorship after Governor Dapo Abiodun, is backing Egbetokun towards his 2027 ambition.
“He believes some very powerful people with deep pockets are positioning others against him,” the source said.
According to insiders, this uncertainty has placed the police leadership on edge, as they anticipate possible follow-up reports that could further deepen the crisis.
“They are on their toes right now,” the source said. “Everyone is trying to anticipate the next story. But the IGP is very confident.”
Despite the growing controversy and Nigeria’s worsening security challenges, sources said Egbetokun is scheduled to travel to Lagos on Friday (today) for setting up of a new police band.
“This is happening at a time when the police are facing very serious allegations and insecurity is everywhere,” a source questioned. “Does it even make sense to be setting up a police band now?”
Background
Previously, SaharaReporters reported that Victor, son of IGP Egbetokun, had been accused of financial impropriety following allegations that he received a total of ₦100 million from the Anambra State Government’s (ANSG) security vote account 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 Egbetokun’s personal Zenith Bank account.
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, with account number 0102521622 at Sterling Bank, allegedly transferred the sum of ₦100,000,000 into a Zenith Bank account, number 4236010637, bearing the name Victor Adewale Egbetokun.
Sources familiar with the matter said Victor Egbetokun was neither a serving police officer nor a civil servant, and held 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.
Transaction of ₦100 Million in Four Tranches
A document obtained by SaharaReporters shows that ₦100 million was transferred in four separate tranches of ₦25 million each on September 12, 2025. Each transaction was described as an “InBranch NIP” payment to the account of Victor Adewale Egbetokun.
Details of Transfers: First tranche: ₦25,000,000 – Transaction No. 000001250912172436115936847375
IGP’s Alleged Intervention and Reversal
Sources say the transfers raised concerns and were brought to IGP Egbetokun’s attention, who allegedly objected upon discovering the funds had been paid into his son’s personal account. He reportedly warned his son about the potential legal implications, referencing the 2005 Tafa Balogun scandal, and ordered the immediate return of the money.
A document shows that the ₦100 million was electronically reversed on September 29, 2025, in four tranches of ₦25 million each, with the description “OWDS REVERSAL 20250929 145959.”
Alleged Cash Withdrawal and Redeployment
Despite the electronic reversal, sources told SaharaReporters that the funds were later withdrawn in cash and redeposited into the son’s Zenith Bank account days afterward.
“If you study the records carefully, you’ll see three stages,” the source said. “First, the electronic transfers to his account. Second, the reversals back to the security vote account. Third, cash withdrawals and deposits back into his account.”
The police record shows that on October 2, 2025, ₦100,000,000 was deposited into Victor Egbetokun’s Zenith Bank account in four cash tranches of ₦25 million each.
The cash deposit transactions were as follows: First deposit, ₦25,000,000 with transaction number: 15039864828, description: CASH DEPOSIT GL.
Second deposit: ₦25,000,000 with transaction number: 15039863135, description: CASH DEPOSIT GL.
Third deposit: ₦25,000,000 with transaction number: 15039862781, description: CASH DEPOSIT GL.
Fourth deposit: ₦25,000,000, transaction number: 15039864829, description: CASH DEPOSIT GL
All the 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-General of Police.
Quoting Victor, Hundeyin said that Victor confirmed there was a time he noticed a suspicious inflow into his account, although he could not recall the exact details.
He stated, however, that he immediately instructed his account officer to reverse the transaction and return the money to its source.
He further said that he gave his account officer a standing instruction to always alert him whenever there is any inflow into his account.
"I have contacted Victor Egbetokun, the son of the Inspector-General of Police. He confirmed that there was a time he noticed suspicious inflow into his account. He cannot remember the exact details.
"However, he immediately instructed his account officer to reverse the transaction and return the money to its source. He further gave his account officer a standing instruction to always alert him (Victor) whenever there is an inflow into his account.
"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.