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Showing posts from February 23, 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

A ''LASTMAN'' OFFICER,STANDING TRIAL SINCE 2010 FOR MURDER,WAS DISCHARGED AND ACQUITTED TODAY.

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                      Today was a day of joy for a Lagos State Transport Management Authority {LASTMA} officer,Ganiyu Raimi,who was accused of killing a commercial motorcycle rider Clement Okoro at Oke Afa Isolo.Ganiyu Raimi has been in prison ever since the alleged murder occurred in 2010.He was discharged and acquitted by Justice Lateef Lawal-Akapo of the Ikeja High Court.According to eyewitness accounts regarding the case,they said an argument occurred between Ganiyu Raimi and the deceased Clement Okoro,which led to a hot exchange of words after which Okoro sped off with his bike.Few kilometers away from the scene of the incident the deceased Clement Okoro started to feel unwell and was rushed to the hospital where he died.Ganiyu Raimi's colleagues who testified to the fact that through out the time which the argument lasted,the deceased never alighted from his bike and Ganiyu Raimi did not touch him at any point.While the third witness to the case Humphrey Odem,who was the dece

FOREIGNERS ARE BANNED FROM PARTICIPATING IN NORTH KOREA'S PYONGYANG MARATHON,#EBOLA.

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              According to some traveling agencies,they said that North Korea had banned foreigners from participating in the 2015 Pyongyang marathon because of the fear of Ebola virus.The Ebola virus outbreak in some part of Africa,had killed thousands of people and North Korea is afraid that by allowing foreigners to participate,there might be an outbreak in their country,since the game attracts people all over the world.The Pyongyang marathon will take place April 12,2015.Sources said ''North Korea began by enforcing strict travel restrictions on incoming tourists including a 21-day quarantine''.Well sorry to those who planned to participate,but Ebola virus is not a joke,and i don't blame North Korea for being strict.More photos below.                                                                                                                                                                                 

486 SOUTH AFRICAN MINE WORKERS,RESCUED FROM A FIRE OUTBREAK UNDERGROUND,IN HARMONY GOLD.

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                          According to sources,the fire started yesterday sunday around 8am and initially some 200 miners were unaccounted for.All operations other than essential services at the mine had been suspended.The mine company spokeswoman Charmane Russell said ''All 486 employees have been brought to the surface safely.This is a credit to employees,unions,company and the efforts of the mine rescue service''.The fire started about 1.43 miles underground during maintenance on an air cooler at the Kusasalethu mine,a deep level operation west of Johannesburg that is Harmony's single largest gold producers.One more photo below.