The Nigeria Police Force (NPF) has officially cleared Victor Egbetokun, son of the outgoing Inspector-General of Police, Kayode Egbetokun, of any wrongdoing following the controversial transfer of N100 million into his personal bank account.

The Force described the transaction as a “monumental error” by the Anambra State Government and confirmed that the funds have been successfully returned to the state’s coffers.

The scandal erupted after reports began circulating that N100 million had been moved from an Anambra State security vote account into Victor’s private account. The news sparked widespread allegations of money laundering and abuse of office, particularly as it involved the family of the nation’s top police officer.

However, speaking on Politics Today via Channels Television, Force Public Relations Officer, Benjamin Hundeyin, insisted that the narrative of a “payoff” or “heist” was false.

According to Hundeyin, the younger Egbetokun was proactive in ensuring the error did not escalate into a criminal matter.

“He saw N100 million in his account, and he immediately contacted his account officer to reverse the money,” Hundeyin explained. “He didn’t wait to be questioned; he flagged it himself.”

The police spokesperson further revealed the lengths to which Victor went to protect his reputation:

• Evidence of Reversal: Victor provided his statement of account showing the inflow and the immediate exit of the funds.
• Account Deactivation: To prevent any further “mysterious” transactions, the IGP’s son has reportedly closed the bank account in question.
• EFCC Involvement: In a move to prove he had no hand in the clerical blunder, Victor has filed a formal petition with the Economic and Financial Crimes Commission (EFCC) to investigate how his details ended up in a government payment schedule.

While the police have labeled the incident a “mistaken transaction,” the development has raised serious questions about the financial safeguards within the Anambra State Government’s accounting system.

Critics are demanding to know how a private citizen’s account could be “mistakenly” credited with such a significant sum from a high-security government account.

For now, the NPF maintains that the matter is a closed case of a banking error, asserting that the integrity of the IGP’s family remains intact.