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Breaking News: EFCC Declares Lagos Luxury Real Estate Mogul Olasijibomi Ogundele Wanted for Alleged Money Laundering
The Economic and Financial Crimes Commission (EFCC) has declared Lagos-based businessman and luxury property developer, Olasijibomi Ogundele, wanted over alleged diversion of funds and money laundering.
In a notice signed by its Head of Media and Publicity, Dele Oyewale, and posted on its official X handle on Friday, the anti-graft agency appealed to Nigerians with credible information on Ogundele’s whereabouts to come forward.
“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 an alleged case of diversion of funds and money laundering,” the notice stated.
According to the EFCC, Ogundele, 44, hails from Ori-Ade Local Government Area of Osun State, with his last known address listed as G29, Banana Island, Ikoyi, Lagos.
Members of the public with useful information are urged to reach out to EFCC offices nationwide, contact the commission via 08093322644 or info@efcc.gov.ng
, or report to the nearest police station.
Ogundele, founder and Chief Executive Officer of Sujimoto Luxury Construction, is a prominent figure in Nigeria’s high-end property market, with multi-billion-naira developments in Ikoyi and Banana Island.
Though the EFCC did not reveal the amount allegedly diverted, the wanted notice underscores its widening probe into the use of real estate and luxury investments for laundering illicit funds.
The agency has repeatedly vowed to clamp down on financial crimes involving politicians, civil servants, and private sector players, particularly in the real estate industry—often described as a conduit for the proceeds of corruption.