NSW Police Launch Major Operation in Pursuit of Alleged Fraudster Ibrahim Helmy
Sydney, NSW July 15, 2025
NSW Police are requesting information about the whereabouts of Ibrahim Helmuy who failed to attend an ICAC hearing in response to an ICAC summons in May, NSW Police issued a warrant for Mr Helmy’s arrest. Apparently a family member told the Commission he “took the rubbish out on a Sunday night and did not return”, and counsel assisting Rob Ranken, SC, told the inquiry, “we believe he remains in the jurisdiction and that individuals have been collaborating to conceal his whereabouts.”
Police are appealing for public assistance to locate Helmy, who is described as being of Mediterranean/Middle Eastern appearance, approximately 175cm tall, of medium build, with black hair, and known to frequent the Merrylands and Guildford areas.
The Independent Commission Against Corruption (ICAC) has confirmed it is investigating Ibrahim Helmy, 38, in relation to alleged corrupt relationships with companies tendering for New South Wales Government contracts. The investigation centers on allegations of impropriety and undue influence concerning the awarding of public sector contracts.
Sources close to the investigation indicate that Helmy is being scrutinised for his alleged role in fostering corrupt relationships between tendering companies and government processes. While specific details of the companies and contracts under review have not yet been publicly disclosed by ICAC, the focus is understood to be on ensuring the integrity of the state’s procurement system.
Sources close to the investigation indicate that Helmy is being scrutinised for his alleged role in fostering corrupt relationships between tendering companies and government processes. While specific details of the companies and contracts under review have not yet been publicly disclosed by ICAC, the focus is understood to be on ensuring the integrity of the state’s procurement system.
The nature of the alleged corrupt relationships is believed to involve Helmy acting as an intermediary or having influence over decisions related to government tenders. His alleged “work” at the time would have involved interactions with both private companies seeking contracts and individuals within government agencies responsible for the tendering process. The investigation aims to uncover whether these relationships led to any unfair advantage, preferential treatment, or other breaches of public trust.
ICAC investigations are typically thorough and can involve extensive evidence gathering, including interviews, examination of financial records, and analysis of communications. The Commission’s mandate is to expose and prevent corruption in the NSW public sector.
Further details are expected to emerge as the ICAC investigation progresses.
The Commission encourages anyone with relevant information to come forward.
Regarding the specific allegations concerning Transport for NSW contracts, it is alleged that between 2012 and 2024, Mr. Helmy orchestrated a corruption scheme involving at least four other TfNSW employees.
“This scheme purportedly saw businesses awarded lucrative contracts, valued between $12 million and $99 million, in exchange for kickbacks such as gold bullion, cryptocurrency, and gift cards. Invoices were allegedly “falsely inflated,” with the excess split between the business and Mr. Helmy. Furthermore, Mr. Helmy is accused of assisting businesses with tender submissions using confidential documents from competitors and manipulating tender evaluation committees.”
ICAC investigations are typically thorough and can involve extensive evidence gathering, including interviews, examination of financial records, and analysis of communications. The Commission’s mandate is to expose and prevent corruption in the NSW public sector.
Further details are expected to emerge as the ICAC investigation progresses.
*The Commission encourages anyone with relevant information to come forward.
Police intelligence indicates that Helmy was last sighted near a serviced apartment complex in Burwood, prompting a concentrated search effort in that area by teams from Operation Nightingale. Authorities describe Helmy as highly evasive with a history of disappearing without a trace. It is believed he was in the process of liquidating assets and preparing to flee the country when the warrant for his arrest was secured.
While Helmy is not believed to be violent, police have cautioned that he is considered extremely resourceful and may attempt to destroy evidence or evade capture. The NSW Police continue their efforts to locate and apprehend Helmy, urging anyone with information to contact Crime Stoppers.
Anyone with information about this incident is urged to contact Crime Stoppers: 1800 333 000 or https://nsw.crimestoppers.com.
