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Showing posts from February 18, 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
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62,893 GHOST WORKERS,UNCOVERED BY THE FEDERAL GOVERNMENT-OKONJO IWEALA.

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                           The Coordinating Minister of Finance,Dr Ngozi Okonjo Iweala,made these disclosure yesterday tuesday in Abuja at a forum of the Catholic CARISTAS Foundation of Nigeria under the Catholic Bishops Conference of Nigeria.She said apart from the initial saving of N208.7 billion from the introduction of Government Integrated Financiak Management Information System {GIFMIS},the government aimed to save an additional N36 billion from blocking some loopholes after weeding out 62,893 ghost workers from the payroll system.''When we talk of corruption,we had a system that is cash based,for example when we want to pay salaries,we send money to ministry of Agriculture and say here is your money,pay your people.Here is ministry of Education,pay your people yes,that is what  we are doing.Where as,if we had an electronic platform,there will be no transfer of cash.That is what we have done now in ''GIFMIS''.What does it do?,it transfers money electronica
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GOVERNOR FASHOLA APPEALS TO HEALTH WORKERS,NOT TO GO ON STRIKE AGAIN.

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                              Governor Raji Fashola,made these appeal at Sheraton Hotel Ikeja,Lagos,at the 2015 State Council on Health,that ''I ask this not for myself,i as it for the public that you serve.I have said it repeatedly and i will say it again,you are like God on earth and God does not go on strike.And i believe that when all is said and done,we cannot live a life without government  and differences''.Gover Fashola said that when he was a young Lawyer,he and some of  his colleagues planned to go on strike,late Chief FRA Williams heard about it and summoned us and warned that that he would be the first to petition against them as Lawyers do not  go on strike.''Now i don't know how physicians see themselves,but i know how i see them.When you lie down and you are ill,that is the time the full weight of a physician dawns on you.I told some people the other day that the physicians and the nurses are the only people who can tell you not to go out toda
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