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Fadi Ibrahim’s model wife pays half of $2.2 million bail

The wife of accused money-launderer Fadi Ibrahim provided almost half of the $2.2 million cash to secure his bail, it has been claimed.

Shayda Ibrahim – a former model – paid almost half of the $2.2 million required for her husband Fadi to be released from prison on bail, according to the Daily Telegraph.

Mrs Ibrahim was one of three people who contributed to the bail money, the newspaper claimed.

Shayda Ibrahim – a former model – paid almost half of the $2.2 million required for her husband Fadi to be released from prison on bail, according to the Daily Telegraph

Mrs Ibrahim was one of three people who contributed to the bail money, the newspaper claimed

Mrs Ibrahim was one of three people who contributed to the bail money, the newspaper claimed

Fadi Ibrahim was released from prison after he was among four men extradited from Dubai nearly two weeks ago over their alleged roles in an international drug and tobacco-smuggling conspiracy.

The 43-year-old has been ordered to stay at his $6 million clifftop Dover Heights home in Sydney after being charged with money laundering more than $1 million. 

Fadi was arrested in Dubai on August 8 with his 39-year-old brother Michael and four other men in one of Australia’s biggest organised crime stings. 

Ms Ibrahim said she was ‘happy to have him back’ when Mr Ibrahim was released from prison, according to the Daily Telegraph.

Fadi Ibrahim was released from prison after he was among four men extradited from Dubai nearly two weeks ago

Fadi Ibrahim was released from prison after he was among four men extradited from Dubai nearly two weeks ago

The six-bedroom, five-bathroom property bought for just over $4 million in 2013 has an estimated current value of at least $6 million

The six-bedroom, five-bathroom property bought for just over $4 million in 2013 has an estimated current value of at least $6 million

He is unable to visit the nearby home of his brother, Sydney nightclub identity John Ibrahim. 

John Ibrahim has not been charged with any offences.

The six-bedroom, five-bathroom property bought for just over $4 million in 2013 has an estimated current value of at least $6 million and is just four blocks away from John’s $8 million home on George Street. 

Ms Ibrahim said she was ¿happy to have him back¿ when Mr Ibrahim was released from prison, according to the Daily Telegraph

Ms Ibrahim said she was ‘happy to have him back’ when Mr Ibrahim was released from prison, according to the Daily Telegraph

Fadi is accused of two money laundering offences. One of providing $800,000 towards illegally importing tobacco and one of receiving $1.6 million from the proceeds of that operation. 

Unlike Michael, he has not been charged over an alleged international plot to import narcotics worth $810 million. 

Also in jail is the oldest Ibrahim brother, 51-year-old Sam, who has been on remand for more than three years awaiting sentence for his role in a gun-running racket.

 

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