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Showing posts from January 13, 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

YESTERDAY IT WAS GOODLUCK AND TODAY IS BUHARI'S TURN TO VISIT OBASANJO TO SEEK HIS BLESSINGS.?.

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                   It was rumored yesterday that President Goodluck Jonathan had a secret meeting with ex-president Olusegun Obasanjo.Now the all Progressive Congress {APC} presidential candidate General Muhammadu Buhari visited Obasanjo today,just to receive his blessings.Buhari said to Obasanjo that ''I have come with my running mate,who is also your son from Ogun state to solicit your support and blessings in our journey.You know this country far better than any other person and we believe that with your wealth of experience and support,APC will do more better than what this government is doing.The issue of insecurity,unemployment,economic slide,corruption and others will be tackled with all sincerity and we promise to move this country to what you dreamt it will be''.Obasanjo responded by saying ''Let me say that for those of you that are campaigning all over,it is better you tell the people what you will do for them,campaign based on issues and not on frivo

143 BOKO HARAM INSURGENTS,KILLED BY THE CAMEROON ARMY.

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                According to Issa Bakary,Spokesman for the Cameroon government,said today tuesday in Yaounde that ''The insurgents were killed after they attacked a military camp in Kolofata,in the north of Cameroon.The battle ended after the army bombed the attackers,forcing them to retreat to the Nigerian border.The army however lost  one soldier during the battle''.