The Economic and Financial Crimes Commission (EFCC) has declared the Chief Executive Officer of Sujimoto Luxury Construction Limited, Olasijibomi Ogundele, wanted over allegations of money laundering and diversion of funds. The anti-graft agency made the announcement on Friday, September 5, 2025, in a public notice signed by its Head of Media and Publicity, Dele Oyewale.
According to the EFCC, the 44-year-old businessman, a native of Ori-Ade Local Government Area of Osun State, is being sought in connection with a high-profile investigation into financial crimes. His last known address was listed as G29, Banana Island, Ikoyi, Lagos, one of Nigeria’s most exclusive luxury enclaves.
The Commission urged members of the public with credible information about his whereabouts to come forward. “Anybody with useful information should please contact the EFCC in any of its zonal offices nationwide, or through the hotline 08093322644, the e-mail info@efcc.gov.ng
, or report to the nearest police station and other security agencies,” the notice read.
Ogundele, widely known in business and social circles as “Sujimoto,” has built a reputation for pioneering high-end real estate projects in Lagos, particularly in Ikoyi and Banana Island. His company, Sujimoto Luxury Construction, has been associated with some of the most ambitious residential and commercial developments in Nigeria, projects often valued in billions of naira.
While the EFCC has not disclosed the exact sums under investigation, the declaration points to the agency’s intensified crackdown on the use of Nigeria’s booming luxury property market as a conduit for laundering illicit funds. Real estate has long been flagged by both local and international anti-graft bodies as one of the easiest vehicles for concealing proceeds of corruption.
The move marks another high-profile addition to the EFCC’s list of wanted individuals, underscoring its renewed focus on the private sector. The Commission has previously vowed to bring not only politicians and civil servants to book but also corporate figures allegedly exploiting loopholes in Nigeria’s financial and property systems.
Ogundele’s case has already sent ripples through Nigeria’s real estate industry, where Sujimoto’s brand has become synonymous with wealth and exclusivity. As investigations deepen, analysts say the outcome could reshape public confidence in the luxury property sector and intensify scrutiny on how billions flow through Nigeria’s high-rise skyline.
