There is mounting outrage in Anambra State following allegations that N100 million was transferred from a state government account to the bank account of Victor Egbetokun, reportedly the son of former Inspector-General of Police, Kayode Egbetokun.
Reports indicate the funds were moved in four tranches of N25 million each, sparking widespread debate across the state about transparency and financial oversight.
During a live television interview, the Force Public Relations Officer, Benjamin Hundeyin, alluded to the allegation, stating that the former IGP’s son acknowledged the transfer.
According to him, the recipient was advised to contact his account officer to reverse the funds, which was reportedly done immediately.
Despite the reported reversal, the development has unsettled many residents, who are questioning how such a significant sum could have been transferred in error.
Some citizens argue that the coincidence of the funds landing in the account of a high-profile security official’s son, rather than that of a contractor or private individual with known dealings in the state, raises legitimate concerns.
Public affairs analyst and government critic Kingsley Ubani described the incident as troubling. He questioned how, among Nigeria’s 36 states, such an alleged “erroneous” transfer would occur in Anambra — a state led by Governor Chukwuma Soludo, a former central bank governor and respected economist.
“The question is how did the money get there?” Ubani asked, adding that residents deserve clarity on who authorised the transfer and why.
He further raised concerns about whether similar errors may have occurred previously without public knowledge.
Another resident, Peter Ndukaike, expressed worry over what he described as the state government’s delayed response.
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“If such an amount can be transferred out in ‘error,’ who knows how much of Anambra funds have been so moved without any trace,” he said, while noting that the governor’s reputation for prudence makes the situation even more puzzling to many citizens.
Investigative journalist Fisayo Soyombo also weighed in on social media, questioning the optics of the transfer and suggesting that Nigerians are justified in demanding fuller explanations.
However, the state government has distanced itself from the transaction. The Governor’s Press Secretary, Christian Aburime, insisted that the transfer was neither initiated nor authorised by the Anambra State Government.
He described the incident as an “honest error” that occurred months ago and had since been reversed.
“Anambra State Government has no hand in the transfer,” Aburime said, adding that the matter had been settled long before it resurfaced in public discourse.
He maintained that Governor Soludo’s track record as a finance manager speaks for itself and dismissed suggestions of financial mismanagement.
As conversations continue across the state and beyond, citizens are calling for greater transparency around public fund management.
For many in Anambra, the issue goes beyond the reversal of N100 million — it touches on trust, accountability, and the safeguarding of public resources.