Billionaire businessman Jimoh Ibrahim arrested

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 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

See Forbes magazine's 50 Richest Africans 2013 list. Dangote worths $20billion

Forbes Magazine released their set of the 50 Richest Africans 2013 and Nigerian industrialist Aliko Dangote is placed at No.1 with a web worth of  $20 billion. Africa's wealthiest are getting richer. In 2003, Forbes counted just two billionaires in Africa – Nicky Oppenheimer and Johann Rupert, equally of South Africa, today there are over 27 of them.