“CONFUSION IN LAGOS MARKET AFTER SHOCKING DISCOVERY — TRADERS IN PANIC”The Economic and Financial Crimes Commission (EFCC) has secured a court order to detain the Chief Executive Officer (CEO) of Sujimoto Luxury Construction Limited, Sijibomi Ogundele, over an alleged N5.7 billion unexecuted contract.
Saturday Telegraph recalls that Ogundele is being investigated over alleged failure to deliver 22 Smart Green School projects in Enugu State after his company reportedly received the sum of N5.7 billion from the state government.
The Commission is currently quizzing Ogundele, who is in custody, to unravel how he spent the sum without executing the contract, as alleged by the Enugu government.
According to a report, the EFCC might seek a court order to seize funds in Ogundele’s personal and the company’s accounts, which had earlier been frozen.
It would be recalled that Ogundele’s personal accounts and those of Sujimoto Luxury Construction Limited had earlier been frozen by the Commission.
The EFCC also seized his international passport in order to restrict his movement until the completion of investigations into the alleged contract scam“CONFUSION IN LAGOS MARKET AFTER SHOCKING DISCOVERY — TRADERS IN PANIC”
𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!
