Photo does not show $800 million cash discovered at Ikpeazu’s home

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A photo showing a stack of cash has surfaced online with a claim that the Economic and Financial Crimes Commission (EFCC) discovered $800 million (dollars) in cash stashed at the home of a former Abia state governor, Okezie Ikpeazu.

The photo has been circulated on various WhatsApp groups, X and Facebook.

READ : Claim that Alex Otti secures $50 million dollars for road construction in Abia is FALSE

For instance, a news blog, Igbo Times Magazine posted the image with a caption :

“Breaking  News: Efcc Discovered 800 Million Dollars Cash Stack At The Home Of Former Abia State Govern Okezie Ikpeazu. 

“Some EFCC officials stormed the House of Former Abia state govern Okezie Ikpeazu and recovered some 800 Million dollars cash stacked in his house.”

It was also seen here, here, here, and here.

CLAIM 

Photo shows a stack of cash found at the home of a former governor of Abia State, Okezie Ikpeazu.

 

THE FINDINGS

Findings by The FactCheckHub show that the claim is FALSE.

Screenshot of the post on X claiming a stack of cash was recovered from Ikpeazu.
Screenshot of the post on X claiming a stack of cash was recovered from Ikpeazu.

When subjected to Google Reverse Image search, the result shows that the image has been online since 2007.

According to Aljazeera, the cash and other valuable items were recovered by Mexico Police from a drug dealer whose house was raided. 

Furthermore, no credible media platform has reported the discovery of the $800 million dollars cash stashed at the home of the former governor. 

 

THE VERDICT 

The claim that the image shows money found at the home of a former Abia State governor, Okezie Ikpeazu is FALSE; findings show that the image has been online since 2007.

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Nurudeen Akewushola is a fact-checker with FactCheckHub. He has authored several fact checks which have contributed to the fight against information disorder. You can reach him via [email protected] and @NurudeenAkewus1 via Twitter.

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