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Showing posts from December 16, 2014

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

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  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

THE OLDEST MONARCH IN IMO STATE IS DEAD,HRH EZE FESTUS IBE.

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                                      According to Mr Bob Mark Akonye,the President of Aguneze community Development Union U.S.A {ACDU},said ''Late,HRH EZe F.U.Ibe KsmEzediohamma 1 of Aguneze Autonomous community Achikara Ezeala 111 of Ahiara was the oldest traditional ruler on thrown in Imo state if not in Nigeria today.He is popularly called Eze Achikara which means hard to die''.May his soul rest in peace.More photos below.             

COSON,DISTRIBUTES ROYALTIES TO MUSICIANS TODAY IN LAGOS.

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                        Today tuesday December the 16,2014,Copyright Society of  Nigerian,popularly known as Coson,distributed royalties to over 2000 musician round Nigeria.The annual Extral Ordinary General meeting was held at the Lagos Airport Hotel Ikeja,and old and upcoming musicians like Majek Fashek,Pa Ajilo,Kenny Saint Brown etc,attended the meeting.Though music artist was expecting more than the usual they collect because of all the billionaire suite Coson has won because most of the organizations prefer to settle out of court.Tony Okoroji,the head of Coson,explained that why the money is not as much as music artist expected these year is because,more musicians registered under Coson and that caused the money  not to be as much as we musicians expected.More photos below.