US District Judge Katherine Forrest has ordered a controversial Nigerian businessman, Jimoh Ibrahim, to pay over $10 million for failing to meet his obligations on two aircraft he leased for the operations of his Nigerian air traffic business that is now grounded. Mr. Ibrahim had personally guaranteed the leased aircraft on behalf of his defunct airline, Air Nigeria.
SaharaReporters obtained a ruling by Justice Forrest in which she ordered the shady Nigerian businessman to pay up the initial $8 million owed to Aersale Inc., the owners of the leased aircraft. In addition, the judge ruled that Mr. Ibrahim must pay interests on the lease as well as legal fees.
