EFCC Issues Wanted Notice for Olasijibomi Ogundele
Olasijibomi Ogundele, the CEO of Sujimoto Luxury Construction Ltd., is now at the center of a major financial scandal after being declared wanted by the Economic and Financial Crimes Commission (EFCC) over allegations of money laundering and diversion of funds.
The announcement, made public on Friday via the EFCC’s official X (formerly Twitter) handle, has sent shockwaves through Nigeria’s business and real estate sectors, especially given Sujimoto’s high-profile reputation for luxury developments in affluent Lagos neighborhoods like Banana Island and Ikoyi.
Who is Olasijibomi Ogundele?
Ogundele is a 44-year-old entrepreneur and real estate developer from Ori-Ade Local Government Area in Osun State. As the founder and CEO of Sujimoto, he rose to prominence for pioneering premium real estate projects that catered to Nigeria’s ultra-wealthy. His brand has often been associated with luxury, innovation, and exclusivity in the property market.
Why is the EFCC Looking for Him?
Allegations Against Olasijibomi Ogundele
According to the EFCC’s official statement, Ogundele is being sought for his alleged involvement in money laundering and diversion of funds. While the agency has not revealed the full details or the amount involved, the declaration indicates that he is under active investigation for serious financial crimes.
His last known address was listed as G29, Banana Island, Ikoyi, Lagos an area known for its exclusivity and wealt
Real Estate Under Scrutiny: Olasijibomi Ogundele’s Case
The EFCC’s move to declare Ogundele wanted is part of a larger campaign to crack down on financial crimes, particularly in the real estate sector, which has been repeatedly flagged as a conduit for laundering illicit funds. Luxury property developments have increasingly come under scrutiny as anti-graft agencies investigate how stolen or illegal wealth is being masked behind opulent buildings and land deals.
The EFCC has warned that it will not hesitate to bring both public officials and private sector players to justice if found guilty of corrupt practices.
Public Appeal for Information
The EFCC is urging members of the public who may have information about Ogundele’s whereabouts to come forward. They can contact the Commission through its offices across Nigeria or via its hotline and official email address.
This development is likely to raise more questions about the connection between high-end real estate and financial crime in Nigeria and may signal tougher enforcement actions moving forward.
This case is a reminder that no individual no matter how successful is above the law. It also shines a light on the growing risks and reputational damage associated with money laundering in Nigeria’s business landscape.
As the EFCC intensifies its efforts, more high-profile figures could face similar scrutiny. Whether Ogundele is innocent or guilty remains to be seen, but for now, his name is officially on the EFCC’s wanted list.
