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Nigerian authorities detain CEO over $13.8M alleged misuse in school construction projects.
Nigerian authorities have detained Sijibomi Ogundele, CEO of Sujimoto Luxury Construction Limited, over allegations that he misused N5.7 billion ($13.8 million) intended for 22 Smart Green School projects in Enugu State.
The Economic and Financial Crimes Commission (EFCC) is investigating Ogundele for failing to deliver the projects, despite receiving the funds.
His personal and company accounts have been frozen, and he is expected to explain the funds' disposition or refund the money.
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Las autoridades nigerianas detienen al CEO por un supuesto uso indebido de $13.8M en proyectos de construcción de escuelas.