Sujimoto Construction Company Limited operated by socialite and businessman, Sijibomi Ogundele has been accused of failing to honour an investment agr
Sujimoto Construction Company Limited operated by socialite and businessman, Sijibomi Ogundele has been accused of failing to honour an investment agreement worth over N90 million.
Isaac, a Lagos resident said he invested N70 million in Sujimoto Construction Company in 2021 and rolled over his investment twice because the company failed to pay him on two maturity dates.
He said he first learnt of Sujimoto Construction Company at a hotel in Ikeja, where representatives of the company proposed an investment scheme offering 20 per cent interest per annum. He said he liked the idea but did not invest until he visited Sujimoto’s office and invested N70 million on July 24, 2021.
“I was promised a 20 per cent return on my investment, which meant that by the end of one year, I was supposed to receive N84 million. But when the time came, Sijibomi Ogundele, the Chief Executive Officer (CEO), called me and begged for more time. I told him this was not good practice and lacked transparency, but I agreed to roll over the investment for another year,” Isaac revealed
Isaac said the matured sum with reinvestment increased to N100.8 million. But in July 2023, when this amount was due, the company failed to pay him. He said Sujimoto Construction Company asked him to roll over the funds again but didn’t state they had any problems.
“I agreed to roll it over again for another year. This brought my money to N120.96 million by July 2024. But instead of receiving the full payment, Sujimoto paid N30 million on June 25, 2024, into my Zenith Bank account, leaving a balance of N90.96 million unaccounted for,” he said.
“Since then, I have received no further communication from them despite my repeated attempts to reach out. I am no longer interested in working with them. I want my money,” he concluded.
