Saharareporters just learned that the Special Enforcement  Unit of has arrested shady businessman, Jimoh Ibrahim, over a tax fraud that runs into N6.8 billion.

Sources within the unit told Saharareporters that Mr. Ibrahim was picked up today and is currently under detention at the offices of the agency.

According to one source, “We are investigating a case where Chief Ibrahim, defrauded the federal government to the tune of N6.8 billion.

He is in our custody, we take intend to take a statement from the suspect under caution”, he added.

One of our sources said Mr. Mr. Ibrahim have been evading agents of the unit for some time but disclosed that the eventually caught up with him in his hotel room where he was arrested this afternoon in Abuja.

Mr. Ibrahim emerged into national prominence under former President Olusegun  Obasanjo, where he was frequently described as an insurance magnate after a questionable sale of the state owned NICON insurance company to Mr. Ibrahim.

He subsequently became a player in the media industry through the controversial purchase of Newswatch magazine and also as a proprietor of Air Nigeria. An airline closed down last year due to safety concerns and Ibrahim’s inability to meet financial obligations to staff, lessors and maintenance engineers and aircraft parts suppliers.

After Mr. Ibrahim’s purchase of Newswatch, the original directors, including Ray Ekpu, accused Mr. Ibrahim of hijacking Newswatch without meeting the terms of acquisition as a majority stakeholder.
 
His troubles in aviation sector came to light when one of his top level employee, John Nnorom turned into a whistleblower and disclosed to Saharareporters of the airline’s extensive violation of maintenance standards and financial fraud.
 
Also, Aersale an aircraft lease company sued him in New York court seeking a huge payment representing Air Nigeria unpaid obligations under the term of the lease.

Mr.Ibrahim is known to have extensive political connection with former President Obasanjo as well top members of the Goodluck Jonathan regime.

http://saharareporters.com/news-page/jimoh-ibrahim-arrested-over-n68-billion-tax-fraud

One of the people not directly in Gov't but eating directly from the national cake.

6.8 Billion? I am beginning to wonder how much he must have made

If FIRS has to arrest all tax defaulters and evaders, 98 percent of Nigerians will be behind bars...with the so-called billionaires going in for life.

Nigerian billionaire are the biggest fraud of our time.

Ozin: 6.8 Billion? I am beginning to wonder how much he must have made

Or who he has offended of late

Did he actually defraud the FG or they shared some money and the deal went wrong. Mstsheeeeewww!!!

When the entire system is corrupt, what do you expect.

jimoh ibrahim was always more noise than substance - with a touch that made everything wither

good riddance

WHY? When Odua is still a minister. Witch hunt of the highest level. He must be released immediately otherwise.......

Akpan abeg mix ten naira groundnut and ten naira popcorn for me..... Put jara o na my afternoon food be this. Sey na that jimoh Ibrahim guy picture nai dey that paper u dey use wrapp d groundnut...

olabukola: WHY? When Odua is still a minister. Witch hunt of the highest level. He must be released immediately otherwise.......

What is this one saying?