Ibrahim Mahama has been granted bail following his arrest by the Economic and Organised Crime Office (EOCO) over an alleged importation fraud.
Mr Ibrahim Mahama is the owner of the construction company, Engineers and Planners.
READ ALSO: EOCO picks Ibrahim Mahama over fraud
Reports say the arrest was in relation to an alleged dud cheque issued to the Ghana Revenue Authority (GRA) with regards to some goods cleared at the Tema Port.
He was reportedly granted bail after EOCO had interrogated him on Tuesday with regards to the cheque for the goods which were reportedly cleared in 2016.
The Member of Parliament for Assin Central, Mr Kennedy Agyapong has for several weeks alleged that Mr Ibrahim issued a dud cheque to the Customs division of the GRA.
Mr Agyapong has subsequently been on a media crusade on several platforms agitating that EOCO should investigate Mr Ibrahim.