Enugu Government Accuses Sujimoto CEO of N5.7bn Fraud, EFCC Investigation

Enugu State Government officials have accused the CEO of Sujimoto Luxury Construction Limited, Olasijibomi Ogundele, of defrauding the government of N5.7 billion by absconding after receiving part payment for constructing 22 Smart Green Schools across the state. The allegations follow the Economic Financial Crimes Commission (EFCC) declaring Ogundele wanted for money laundering and fund diversion.

In response, Ogundele claimed the Enugu government failed to release adequate funds for the project. However, the government dismissed his claims as theatrics and vowed to recover every fraudulently taken kobo.

The state government explained that Ogundele orchestrated a premeditated fraud by presenting a bond issued by Jaiz Bank (NGX: JAIZBANK) to secure the contract and directing payments to his Zenith Bank (NGX: ZENITHBANK) account.