Real Estate Fraud: Police give Sujimoto boss Ogundele ultimatum to turn himself in
The police have given real estate businessman Sijibomi Ogundele until Monday to turn himself in over alleged multimillion-naira fraud.
In a summons dated October 16, 2025, signed by ACP Yahaya Gambo, the police frowned upon Mr Ogundele’s failure to honour previous invitations.
“Your failure to respond to lawful police invitation constitutes deliberate obstruction of investigation and contempt for constituted authority, contrary to the Police Act, 2020, and the Administration of Criminal Justice Act, 2015. Consequently, you are hereby informed that a further date for the interview is 20th October, 2025, by 10am,” said the letter.
The police summoned Mr Ogundele following a petition titled ‘Petition Against Mr Sijibomi Ogundele and Sujimoto Construction Limited for the Offences of Obtaining by False Pretense, Fraudulent Misinterpretation, Criminal Breach of Trust and Criminal Conversion, perpetrated against Olatokunbo Cole’ by a lawyer, Ayokunle Erin of the Abuja-based law firm Law Corridor, dated August 18, 2025.
The lawyer alleged that in 2020, Mr Ogundele, the CEO of Sujimoto Luxury Construction Limited, offered to sell Mr Cole a three-bedroom unit at an estate known as Leonardo by Sujimoto Luxury Apartments. The lawyer said his client (Mr Cole) completed the full payment of $556,000 on April 24, 2022, for the apartment.
“Following the payment of the above sum, our client (Mr Cole) expected significant construction progress and reached out to Mr Sijibomi Ogundele and Sujimoto Construction Limited for updates on the construction. However, no meaningful feedback was given, and our client decided to visit the said site for the project,” Mr Erin explained. “Unfortunately, our client’s visit was greeted with disappointment as there was no ongoing development on the said site as presented by Mr Sijibomi Ogundele and Sujimoto Construction Limited.”
According to the petition, Mr Cole contacted Mr Ogundele for clarification. However, the real estate boss could not provide any explanation and instead offered to sell another apartment in a different estate for the client at $2 million. Mr. Cole rejected this offer and then demanded a refund of his $556,000.
The lawyer asked the police to investigate the matter as he claimed Mr Ogundele had been incommunicado and had refused to refund the money.
Mr Ogundele has been recently engrossed in several alleged real estate fraud controversies. In October 2024, the police in Abuja detained Mr Ogundele over a similar case involving $325,000 collected from a client, Kabiru Ibrahim.
Recently, the Economic and Financial Crimes Commission declared Mr Ogundele wanted over alleged diversion of funds and money laundering.
Mr Ogundele could not be immediately reached for comments.
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