The Enugu State Authorities has accused Olasijibomi Ogundele, CEO of Sujimoto Luxurious Development Restricted, of defrauding the state of N5.7 billion paid for the development of twenty-two Sensible Inexperienced Colleges throughout the state.
The disclosure was contained in a press release issued by the spokesperson of Governor Peter Mbah on Friday. The announcement comes after the Financial and Monetary Crimes Fee (EFCC) had earlier declared Ogundele wished for alleged diversion of funds and cash laundering.
In response to the state authorities, Ogundele vanished after receiving 50% of the contract sum, leaving the varsity tasks largely incomplete. The federal government alleged that the contractor used Sujimoto’s Zenith Bank account, quite than the bond issued by Jaiz Bank meant to safe the contract, making it inconceivable to carry the bank liable.
“The Enugu State Authorities has accused the CEO of Sujimoto Luxurious Development Restricted, Olasijibomi Ogundele, of defrauding the state of practically N6bn, noting that Ogundele vanished into skinny air after he was paid the stated sum for the development of twenty-two Sensible Inexperienced Colleges in numerous elements of the state.
“The federal government additionally accused Ogundele of premeditated fraud, explaining that whereas he offered a bond issued by Jaiz Bank to safe the contract, he used the corporate’s Zenith Bank account registered with the state’s Ministry of Works and Infrastructure to obtain the stated cost, making it inconceivable for the state to carry Jaiz Bank liable,” the assertion learn partly.
Extra insights
The assertion defined that the tasks had been meant to be accomplished inside six months in time for the September 2025 faculty resumption. It additional famous that investigations revealed minimal to no work at most websites, with some missing correct excavation and structural compliance. Efforts to have interaction Ogundele, together with calls and conferences organized by the state authorities, reportedly failed.
- Enugu State additionally accused Ogundele of premeditated fraud, claiming the misdirection of funds and abandonment of mission websites demonstrated intent from the outset. A joint staff of officers from the Enugu Ministry of Works and the EFCC reportedly visited the websites on Might 8 and 9, 2025, confirming the shortage of considerable progress.
The federal government stated it has since reassigned the websites to new contractors to restart development, emphasizing its dedication to make sure that the Sensible Inexperienced Colleges initiative stays on monitor. It additional acknowledged that it might get well each naira allegedly misappropriated by Ogundele.
Backstory
Following the EFCC’s declaration of him as wished for alleged diversion of funds and cash laundering, Ogundele launched a video denying any wrongdoing.
He insisted that mission expenditures had been clear, disputes with the state authorities led to authorized motion, and he remained dedicated to finishing the work.
Be First to Comment