The Economic and Financial Crimes Commission (EFCC) has declared Sujimoto founder Olasijibomi Suji Ogundele wanted for alleged diversion of funds and money laundering.
According to a notice issued by EFCC spokesperson Dele Oyewale and shared on the commission’s official X account, Ogundele is wanted in connection with an ongoing investigation by its Lagos Command.
The statement described him as a 44-year-old indigene of Ori-Ade Local Government Area of Osun State, with a last known address at G29, Banana Island, Ikoyi, Lagos.
“The public is hereby notified that OLASIJIBOMI SUJI OGUNDELE of Sujimoto Luxury Construction Limited, whose photograph appears above, is wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of Diversion of Funds and Money Laundering,” the notice read.
The EFCC urged members of the public with useful information on his whereabouts to contact any of its offices nationwide or call 08093322644. Information can also be sent to info@efcc.gov.ng or provided at the nearest police station and security agencies.
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The declaration comes after earlier controversies involving Ogundele and his real estate projects. In October 2024, he was the subject of a police investigation following allegations of a $325,000 real estate fraud. Reports alleged that a client had paid for a three-bedroom apartment in the Leonardo project, Banana Island, but did not receive the property or a refund.
The Nigeria Police Force Criminal Investigations Department (FCID) invited him for questioning at the time. Ogundele initially filed a fundamental rights suit to stop the investigation but later appeared at FCID headquarters in Abuja. He was interrogated and subsequently released on bail, after which he denied all allegations.
Ogundele argued that delays in delivering the Leonardo project stemmed from external economic pressures, including rising inflation, foreign exchange volatility, and higher construction costs. He claimed to have presented evidence such as title documents, government approvals, and other records to support the legitimacy of the project.
Despite these defenses, the EFCC has now escalated its pursuit, making a public appeal for assistance in locating the developer. The commission emphasized its resolve to prosecute all financial crime cases to protect investors and uphold market integrity.
