Monday, November 18, 2013

Billionaire businessman Jimoh Ibrahim arrested over N6b tax fraud

According to a report by Sahara Reporters, the Special Enforcement
Unit of Federal Inland Revenue Service has arrested billionaire
businessman, Jimoh Ibrahim, over a tax fraud that runs into N6.8b.
Sources within the unit told Saharareporters that Mr. Ibrahim was
picked up today and is currently under detention at the offices of the
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 they eventually caught up
with him in his hotel room in NICON Luxury Hotel where he was arrested
this afternoon in Abuja.

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