By Erewunmi Peace

The Economic and Financial Crimes Commission (EFCC) has declared popular Lagos businessman, Olasijibomi Suji Ogundele, wanted over allegations of money laundering and diversion of funds.

Ogundele, the Chief Executive Officer of Sujimoto Luxury Construction Limited, was declared wanted in a public notice signed by EFCC’s Head of Media and Publicity, Dele Oyewale, on Friday, September 5, 2025.

According to the EFCC, the 44-year-old businessman—an indigene of Ori-Ade Local Government Area of Osun State—was last known to reside in Banana Island, Ikoyi, Lagos. The Commission urged anyone with useful information about his whereabouts to report to the nearest EFCC office or the police.

This is not the first time Ogundele has faced fraud allegations. In October 2024, he was detained following a petition that he collected $325,000 from a client as deposit for a property that allegedly did not exist. He was later released pending further investigation.

In a swift response, Ogundele released a video message denying the allegations. Breaking down in tears, he insisted he is neither a thief nor a fugitive, attributing the controversy to a contractual dispute with the Enugu State Government. He vowed to cooperate with authorities and clear his name.

The EFCC’s move has sparked widespread attention in business and political circles, given Ogundele’s reputation as one of Nigeria’s most prominent luxury real estate developers.

As the case unfolds, stakeholders will be watching closely to see how the allegations—and Ogundele’s defense—play out in the coming weeks.