Posts

Showing posts from December 8, 2014

INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

-
Image
  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
Post a Comment
Read more

ABOUT 70 MIGRANTS FROM ETHIOPIA,DROWNED TODAY.

-
Image
                      A senior staff working with the Ministry of interior,confirmed that 70 migrants from Ethiopia,drowned today off the coast of Yemen.He said ''The small vessel was trying to reach the Red Seaport city of Al-makha when it capsized in bad weather.Security forces were striving to hunt down the owner of the boat,who we believed to be a human trafficker''.More details later.
Post a Comment
Read more

NYESOM WIKE,WON RIVER STATE PDP GOVERNORSHIP PRIMARIES.

-
Image
                                                                       Conratulation to Nyesom Wike,the former Minister of state of Education today monday 8th December 2014 won the Rivers state PDP governorship primaries.The primaries which was held at the Community Girls Secondary School,mile 3 Port Harcourt,and Wike in his acceptance speech dedicated the victory to almighty God and the delegates who reposed confidence in him to fly the party flag in the state.Wike,Ben Dimkpa,Emmanuel Geogwill i and Senator Lee Maeba were the only aspirants present at the venue.The 16 governorship aspirants who have been agitating against the emergence of Wike are all insisting the party has been hijacked by members of Grassroots Development Initiatives,GDI,who are foot soldiers of Wike,their sponsor and patron.Former governor of Rivers state,Pawariso Samuel Horsfall said ''Everything about the governorship primaries was flawed,from the delegate election and to today's primaries.I have n
Post a Comment
Read more

BARRISTER FALANA,FILED A PETITION IN FAVOUR OF THE 12 SOLDIERS SENTENCED TO DEATH FOR MUTINY ''INJUSTICE''.

-
Image
                    The soldiers on May 18,2014 staged a protest over the killing of 10 of their colleagues by the Boko Haram sect.This led to the shooting of the General Officer Commanding {GOC},Major General Ahmed Mohammed at the Maimalari cantonment.Although he was not injured,but he was removed as GOC and retired from the Army for not attending to the grievances of the soldiers.18 of the soldiers were tried by the court martial,presided over by Brigadier General Chukwuemeka Okonkwo which acquitted five of them,convicted and sentenced 12 to death and jailed one for 28 days with hard labour.Falana in the petition dated December 5,2014 argued that the death sentence pronounced on the 12 officers was unjust against the background of their action.He noted in the petition that the soldiers had been protesting against poor equipment,non payment of salaries and allowances.Falana stated that the fact that President Goodluck Jonathan had asked for $1bn loan to purchase military hardware
Post a Comment
Read more