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EFCC Declares Sujimoto CEO Wanted Over Alleged Money Laundering and Diversion of Funds

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Saturday, September 6th, 2025
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The Economic and Financial Crimes Commission (EFCC) has declared Olasijibomi Ogundele, Chief Executive Officer of Sujimoto Luxury Construction Limited, wanted over alleged money laundering and diversion of funds.

The announcement was made in a wanted notice signed by EFCC’s Head of Media and Publicity, Dele Oyewale, and shared via the Commission’s official X (formerly Twitter) handle on Friday, September 5, 2025.

According to the notice, Ogundele, a 44-year-old indigene of Ori-Ade Local Government Area of Osun State, is wanted for his alleged involvement in financial crimes. His last known address was listed as G29, Banana Island, Ikoyi, Lagos.

The EFCC appealed to the public for useful information on his whereabouts, directing anyone with credible details to contact its offices across Nigeria, call 08093322644, email info@efcc.gov.ng, or report to the nearest police station or security agency.

Ogundele, popularly known as Sujimoto, is a prominent figure in Nigeria’s real estate industry. His company, Sujimoto Luxury Construction, is renowned for multi-billion-naira projects in highbrow Lagos neighborhoods such as Ikoyi and Banana Island.

Although the EFCC did not disclose the exact amount allegedly misappropriated, the declaration confirms that the real estate mogul is under investigation for serious financial crimes.

The development has sparked conversations in Nigeria’s real estate and business sectors, where Sujimoto has long been regarded as a symbol of luxury construction and high-profile investment.

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