KEY POINTS

• Police said N100 million credited to IGP’s son was banking error.
• Bank officials reversed the funds immediately after they noticed the transfer.
• Victor Egbetokun filed a petition with the EFCC for investigation

The Nigeria Police Force said a banking error led to the N100 million credited to the personal bank account of Victor Egbetokun, son of outgoing Inspector-General of Police Kayode Egbetokun, and that officials returned the money promptly.

The clarification followed an online report alleging that the funds originated from the Anambra State Government’s security vote account. Police authorities rejected the claim and described the transaction as a banking mistake with no wrongdoing involved.

Force Public Relations Officer Benjamin Hundeyin addressed the issue Monday on Channels Television’s Politics Today, saying Victor reported the unexpected credit as soon as he noticed it.

Police Address N100 Million Transfer

“You could remember when he 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, referring to activist Omoyele Sowore.

Hundeyin said Victor alerted his accounts officer immediately after discovering the deposit and instructed the bank to reverse the money 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,” the spokesperson said.

Hundeyin added that Victor provided a printed bank statement to police authorities to confirm the reversal. The account has since been closed.

Funds Returned, Petition Filed

The police spokesperson said Victor also filed a petition with the Economic and Financial Crimes Commission seeking an investigation into the allegation surrounding the N100 million credited to IGP’s son as banking error. “He has written a petition to the Economic and Financial Crimes Commission asking the agency to investigate the allegation,” Hundeyin said.

Hundeyin maintained that a banking error triggered the transfer and said officials returned the funds to the Anambra State Government account shortly after they identified the mistake. He stressed that no one diverted public funds and that officials resolved the matter once they reversed the mistaken payment.

The clarification finally comes amid heightened scrutiny of public officials and the management of state security votes, with police authorities seeking to dispel allegations of impropriety.