ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Thursday, November 13, 2025
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Crime Watch

How Wanted Sujimoto Boss Ogundele Defrauded Enugu Government of N5.7bn – Officials

In a video response, Ogundele broke down in tears, claiming the Enugu government failed to release adequate funds for the project before dragging him to the EFCC.

by NewsOnline Nigeria
September 6, 2025
in Crime Watch, Top Stories
0
Sujimoto Boss Ogundele

Details of how wanted Sujimoto Boss Ogundele reportedly defrauded Enugu Government of N5.7bn has been made public by the state officials.

 

NewsOnline Nigeria reports that the Enugu State Government has accused the Chief Executive Officer of Sujimoto Luxury Construction Limited, Olasijibomi Ogundele, of absconding after receiving ₦5.7 billion as part payment for the construction of 22 Smart Green Schools across the state.

The allegation follows the Economic and Financial Crimes Commission (EFCC) declaring Ogundele wanted on Friday over alleged money laundering and fund diversion.

In a video response, Ogundele broke down in tears, claiming the Enugu government failed to release adequate funds for the project before dragging him to the EFCC. He also denied reports that he was on the run.

ALSO: Court Issues Arrest Warrant Against Businessman Samson Davies Amid Ongoing Legal Battles

 

But in a counter-statement issued by the Commissioner for Information and Communication, Dr. Malachy Agbo, the Enugu government dismissed Ogundele’s claims as “theatrics and crocodile tears,” insisting that the state would recover every kobo fraudulently taken from the people of Enugu.

Agbo explained that Ogundele allegedly orchestrated a premeditated fraud, presenting a bond issued by Jaiz Bank to secure the contract, but directing payment into Sujimoto’s Zenith Bank account registered with the Ministry of Works and Infrastructure. This, the state argued, prevented it from holding Jaiz Bank accountable when Ogundele defaulted.

“For clarity, on July 2, 2024, the Enugu State Government awarded a contract worth ₦11.45 billion to Sujimoto Luxury Construction Ltd for the construction of 22 Smart Schools. Out of this sum, ₦5.7 billion was released as part payment. Till date, no significant work has been executed,” the statement read.

The government vowed to pursue all legal means to ensure recovery of the funds, stressing that the matter represents not only financial fraud but also a betrayal of public trust.

Previous Post

BREAKING: NUPENG Orders Tanker Drivers to Dump Dangote Depot Over Union Rights Dispute

Next Post

Court Orders Eviction of Comedian Ali Baba from Victoria Island Property

Next Post
Comedian Ali Baba

Court Orders Eviction of Comedian Ali Baba from Victoria Island Property

Trending Stories

No Content Available

Latest Stories

President Tinubu

President Tinubu Vows Nigeria Will Overcome Economic Challenges At NGE

Senate

BREAKING: Senate Approves Tinubu’s Request to Borrow ₦1.15 Trillion to Fund 2025 Budget Deficit

Defence Minister

BREAKING: Defence Minister Vows Protection for Navy Officer After Clash With Wike

Naval Officer

BREAKING: Over 600 Civil Society Groups Demand Wike’s Sack Over Verbal Assault on Naval Officer

Five Bank Charges

BREAKING: Tinubu Government to Scrap Five Bank Charges From January 2026 (FULL LIST)

Minister Wike

Minister Wike Bans Phone Use for AGIS Staff After Viral Clash with Naval Officer

Stanbic IBTC

Nord CEO Accuses Stanbic IBTC of Illegally Debiting ₦700 Million, Calls It ‘Unbelievably Unethical’

FairMoney MD

“Why Fair Digital Access Is Key to Nigeria’s $1 Trillion Economy Goal” – FairMoney MD

Fair Digital Access

Why Fair Digital Access is the Foundation of Nigeria’s 2030 $1 Trillion Roadmap Ambition

Wike

Wike Under Fire, Faces Fresh Controversy Over Verbal Abuse Of Military Officer

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: [email protected]

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria