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Showing posts from January 6, 2015

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

GAMBIA'S PRESIDENT,RESHUFFLES HIS CABINET AFTER COUP ATTEMPT.

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               Yesterday monday,Gambia's president Yahya Jammeh,made some changes in his cabinet after a coup attempt.He reshuffled three major positions in his government.He reshuffled the ministry of foreign affairs,the ministry of information and the ministry of transport.He replaced every of the above mentioned ministry their ministers,and replaced them with fresh and ex serving ministers from other ministries.Prosecutors in the United States yesterday monday,charged a Texas business man with bankrolling and trying to lead the coup with the support of a former U.S Army Sergent.President Jammeh who came to power in a 1994 coup,has accused foreign based dissidents of being behind the coup bid.Though Jemmeh was out of the country when gunmen attacked the capital Banjul,late 2014 December.One more photo below.                                                                                                                                                                       

GOVERNOR FASHOLA,REDUCES THE COST OF LAND TRANSACTIONS IN LAGOS STATE.

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              Yesterday monday,Lagos state Governor Raji Fashola,passed into law an executive bill,reducing the cost of land transactions in Lagos state.EXECUTIVE ORDER EO/BRF/001 OR 2015,states that ''Unless otherwise indicated,the valuation of landed property for the determination of tax and other charges payable shall be by reference to the statement of fair market value,produced by relevant professionals,adopted by the state Government and published from time to time in the official government Gazette''.The order which takes immediate effect,reduces consent fee from 6% to 1.5%,while capital Gain tax,which was previously 2% is now 0.5%,while Registration fees has been reduced from 3 percent to 0.5%.Well i believe this new bill will make a big difference during land registration.

CIARA FANS ARE WONDERING WHAT SHE IS FEEDING HER BABY,#HIS TOO BIG.

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                                  American female musician Ciara,posted a very vulnerable picture of she and her son late monday night,but the picture in now been faced with a lot of criticism from her fans who are wondering what Ciara is feeding her son.Ciara gave birth to her son in 2014,but her fans believes that her son is too fat for his age.Ciara captioned the photo above ''#Usie''.What do you think,is Ciara son too big for his age?.Read her fans reactions below.