Sujimoto Fraud Saga: How Nigeria’s Real Estate Industry Will Be Affected

In the wake of the sensational EFCC manhunt for Sujimoto Construction CEO, Olasijibomi Ogundele, Nigeria’s real estate industry is bracing for aftershocks. And they won’t be minor tremors. The industry, already grappling with regulatory gaps, investor skepticism, and rising construction costs—is now under a blinding spotlight. The once-glorified sector that sold dreams of marble floors […]
Luxury Mogul Now On The Run: EFCC Declares Sujimoto CEO Wanted

In a headline-grabbing development on Friday, September 5, Nigeria’s premier anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has officially declared Olasijibomi “Suji” Ogundele, the flamboyant CEO behind Sujimoto Luxury Construction, a wanted man for alleged money laundering and fund diversion. The Wanted Notice In a public notice signed by Dele Oyewale, EFCC’s spokesperson, […]