Saharareporters just learned that the Special Enforcement Unit of Federal Inland Revenue Service 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 in NICON Luxury Hotel 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://mobile.saharareporters.com/news-page/jimoh-ibrahim-arrested-over-n68-billion-tax-fraud

How much did this dude make to be owing this much as tax

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.

did he say anything against pdp? is he in partnership with any anti pdp politician? if the answers to these questions are yes, he will be forced to change his stand and gain his freedom but if the answers are no, then he will be released within a short while and be awarded a national honour immediately.
tax evasion is not a crime in nigeria.

The richer you are the more greedy you become.simple

The same man Bishop Oyedepo used to parade round Covenant university.

Smh.

Birds of a feather.

so much money.............hmmm...what is a tax

nah dem dem.........

I reserve my comments...Nigerian leaders are excellent at framing those whom they feel are threats or unfortunate fellows who have fallen out of grace. Let the events unfold!

Lionel ibrahim

This Jimoh is a notorious business fraudster from the West

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.

.

I bet this case wld'nt cost more than #3000 recharge card, as far as the network is ok...

buh sha;na wa for naija; na dis kind dem go see; all dos wey dey chop our oil money without payin kobo; dem no see dat one oo; all politicians r equal; but some r more equal dan d others noni:;

End tym tinz

naija ponzi scheme.corruption n greed starts out as let me make 1million then you want 100million,then 1billion then next you want 100billion.dont be suprise if he goes for plea bargain(made in naija version) where he will forfeit 25percent then use another 25 percent to settle efcc,icpc,police,judges and his political god fathers.that way he keeps 50percent and remains a billionaire,then next year gej will give him a national award for promoting the welfare of nigerias.ole buruku!

yuzedo: Lol! No wonder i haven't been seeing his G-Wagon and legion of MOPOL opposite us.. Soon he will contest for his state election like IFeanyi Ubah!

And after losing he will also ask INEC to refund his money or cancel the election

waiting to see how this will end....but wait o, I have this feeling that calls will be made and bros jimoh will be freed. I weep for nigeria.

When two elephant fight, they would just wound themselves for nothing, only small grass might suffer. For those that still don't get it, which tax collector go get mind arrest jimoh without the backing of the oga at the top?

wetin concern me, make dem leave am jorh....

....

i bin 4get, end time tinz

Him go bail himslf wit 2Bln n enjy d rest...Na d way b d@ ooo....Sharp guy

The rich are getting richer while the poor are getting poorer
What an irony!

Na today!!!

Whizkeey: End tym tinz

Say na must make you comment? With your munmun end time tinz way u dey comment... Ode nla.

2ru-talk:
This Jimoh is a notorious business fraudster from the West

He may be a Yoruba man, but you won't see any Yoruba, like the Igbo would, that will say he is being witch hunted, even though he is a business man, not a government official.

The end result will be the same as what happened with the Vaswani Brothers. Sit back and watch.

A beg make una leave the gentle young man alone jare..

Where is Tafa Balogun, Bode George, Faruk Lawan, Oladimeji Bankole......Name em.

They want to distract us again with another song/movie/headline/front page etc

I like Naija sha!!

Sorry ooo, jst passing ni ooo!

Second page jare!

Doesn't make sense.. N6.8 Billion Tax?

Lets assume he is to pay 10% of his income as tax, does that mean he has made over 60.8 Billion?

Abegg... check your source, person when graduate with Yoruba for Uni?