Police dismiss allegations over N100m transfer to IGP’s son, describe payment as Banking error

The Nigeria Police Force has clarified that the N100 million paid into the personal bank account of Victor Egbetokun, son of the outgoing Inspector-General of Police, Kayode Egbetokun, was a banking error that was promptly reversed.

The clarification followed an online report alleging that the funds originated from the Anambra State Government security vote account.

Speaking on Politics Today on Channels Television Monday night, the Force Public Relations Officer, Benjamin Hundeyin, dismissed the allegation, stating that the transaction was immediately flagged and reversed by Victor himself.

“You could remember when he (Omoyele Sowore) said N100 million was paid into the account of the son of the IGP. I called the son of the IGP immediately to know what was going on, and he explained,” Hundeyin said during the programme.

According to him, Victor noticed the unexpected credit alert and directed his accounts officer to reverse the transfer without delay.

“He said he saw N100 million in his account, and he told his accounts officer to reverse the money immediately, which he did,” Hundeyin added.

The police spokesperson further disclosed that Victor printed his bank statement and presented it to the authorities to confirm that the funds had been returned.

“He printed out his statement of account. He showed me. The young man was forced to close down that account. He has written a petition to the Economic and Financial Crimes Commission for that allegation to be investigated,” Hundeyin stated.

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The Economic and Financial Crimes Commission (EFCC) has yet to publicly comment on the petition.

Hundeyin maintained that the transaction was purely a banking error and that the funds were paid back into the state government’s account shortly after the mistake was discovered.

He stressed that there was no wrongdoing involved in the transfer and described the episode as a case of mistaken payment, urging the public to avoid drawing premature conclusions.

The development comes amid heightened public scrutiny of public office holders and their associates, with authorities reiterating their commitment to transparency and accountability.