The Economic and Financial Crimes Commission (EFCC) has declared Lagos-based businessman Olasijibomi Ogundele wanted over allegations of fund diversion and money laundering.
In a notice signed by the EFCC’s Head of Media and Publicity, Dele Oyewale, and shared via the Commission’s official X (formerly Twitter) account on Friday, the public was urged to provide credible information on Ogundele’s whereabouts.
The notice reads:
“The public is hereby notified that Olasijibomi Ogundele of Sujimoto Luxury Construction Limited, whose photograph appears above, is wanted by the Economic and Financial Crimes Commission in connection with a case of alleged diversion of funds and money laundering.
“Ogundele, aged 44, hails from Ori-Ade Local Government Area of Osun State. His last known address is G29, Banana Island, Ikoyi, Lagos State.”
The Commission encouraged anyone with useful information to contact any of its zonal offices across the country—including in Lagos, Abuja, Port Harcourt, Kano, and others—or reach out via phone (08093322644), email (info@efcc.gov.ng
), or report to the nearest police station or security agency.
Ogundele is the founder and CEO of Sujimoto Luxury Construction, a high-end real estate development firm known for its premium residential projects in upscale areas such as Ikoyi and Banana Island. His company has become a major player in Nigeria’s luxury property market, with projects reportedly worth billions of naira.
Although the EFCC did not specify the amount of money allegedly diverted, the public declaration underscores that Ogundele is under investigation for significant financial crimes.
The case also highlights the EFCC’s continued scrutiny of individuals in the private sector, particularly within the real estate industry, which the agency has repeatedly flagged as a key avenue for laundering illicit funds.
The Commission has previously reiterated its commitment to combating financial crimes across all sectors—including politics, public service, and private enterprise—and to holding accountable those who exploit the property market to conceal proceeds of corruption.
