EFCC grills paramount energy MD over alleged N73.3m fraud

Dailytrust | 30-04-2026 02:15pm |

The Economic and Financial Crimes Commission (EFCC) has initiated an investigation into the Managing Director of Paramount Energy Ltd. regarding allegations of fraud amounting to N73.3 million. According to EFCC Spokesperson Dele Oyewale, the inquiry involves accusations of obtaining money under false pretenses and theft. The questioning took place as part of the commission's ongoing efforts to address financial crimes in the country. Further details surrounding the investigation have not been disclosed.

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