EFCC grills MD, Paramount Energy Limited over N72.3m fraud in Enugu

Naijaonpoint_ng | 30-04-2026 11:15am |

Operatives from the Enugu Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have initiated an investigation into Ralph Chinazum Ajah, the Managing Director of Paramount Energy Limited. The inquiry centers around allegations of obtaining funds under false pretenses and theft, amounting to a total of N72,300,000.00. The EFCC's actions reflect its ongoing commitment to addressing financial crimes within the region. Further details regarding the investigation and its implications are anticipated as the case unfolds.

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