News:Jimoh Ibrahim was arrested over #6.8billion tax fraud.

Saharareporters just learned that the Special Enforcement Unit of Federal Inland RevenueService has arrested shady businessman, Jimoh Ibrahim, overa tax fraud that runs into N6.8billion.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, “Weare investigating a case where Chief Ibrahim, defrauded thefederal government to the tuneof N6.8 billion.He is in our custody, we takeintend to take a statement fromthe suspect under caution”, headded.One of our sources said Mr. Mr.Ibrahim have been evadingagents 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 asa proprietor of Air Nigeria. An airline closed down last year dueto 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 hijackingNewswatch without meeting theterms of acquisition as amajority stakeholder. His troubles in aviation sectorcame to light when one of histop level employee, John Nnoromturned into a whistleblower anddisclosed to Saharareporters ofthe airline’s extensive violationof maintenance standards andfinancial fraud. Also, Aersale an aircraft lease company sued him in New Yorkcourt seeking a huge payment representing Air Nigeria unpaid obligations under the term ofthe lease.Mr.Ibrahim is known to have extensive political connection with former President Obasanjo as well top members of the Goodluck Jonathan regime.